4 Hr Chart - $BTC seems to be losing steam w/ only marginally higher highs & higher lows. Volume shows a bearish div. Buying volume is getting weaker for every marginally higher highs we make. Seems to be a temporary loss of marginal buyers coming in or institutions taking profit.
I have no interest in shorting but I am wary of holding heavy positions and also taking some profit off the table. This could give many people a strategic buying opportunity if a significant event occurs soon.
I have no interest in shorting but I am wary of holding heavy positions and also taking some profit off the table. This could give many people a strategic buying opportunity if a significant event occurs soon.