$BTC Greed has been high for a whole month, with record inflows into ETFs, which is very good within the distribution. Was there a retest of the descending channel at 65.2k?
Let's look at the monthly candle: it clearly breaks out of the channel, as if changing the trend, while the MACD column is still lower than September.
Week: according to RSI, the buyer prevails, MACD is still green, which also inspires dreams of growth. I wonder how it will close.
Day: according to horizontal volumes, the zone of interest for traders is 63k and now sales prevail, although we are whispered from every baseboard that interest in trading and faith in growth are higher than ever. Volumes according to MACD have been decreasing for the fourth day, and the price is holding. RSI is still unloading.
Have you noticed the information silence? Nothing manipulative or unexpected is being said or done. And then bam about Tether))
One could expect the 66.5k-68.5k channel to remain on the weekend, remember the 64.5-63.5 imbalance.
Although for me it remains logical for the markets to fall sharply before the elections. Closing the month below 59k would ideally highlight the accumulation of a short position by large capital.
