BTC channel update 11, 1D

9 ก.พ. 2022

Just a hunch. There is clear divergence between the Money Flow and price with Money flow increasing strongly and price projects downwards. The daily trend is also moving down from an exhausted level. Looking at the excitement in the market and the market cap strength vs price increasing it seems that BTC is setting up for a short move soon (creating a short term FOMO first). There is clear on chain data that show Whale and Institutional Smart Money are selling.

Have a nice day.

10 ก.พ. 2022

บันทึกช่วยจำ

FOMO