$BTC The market just started to go back. Everyone is looking for inflows and outflows data.
People are still in a fear and greed phase. Right now the market feels hard. S&P dropping, gold price falling. No clear sign.
BTC is sitting at 77,770, up just 0.22% today, after getting rejected from 84,898 and dumping to 76,325. Price is still under the EMA(25) at 78,422 and the EMA(99) at 80,357, and RSI(6) is at 44.63, so there's no real momentum yet. 7 day is -3.74% and 30 day is -8.26%, but 90 day is still +21.70%.
Volume is drying up too, 804 BTC on the latest bar against a 1.08K average. Nobody is rushing in or out.
My view: short term the bears still have control until BTC reclaims 78,400 and holds it. If 76,325 breaks, another leg down opens. But this looks like consolidation after the flush, not a trend break.
We are now in November. New month, new hope. Few people will leave but more people will join. This industry is unbeatable.
Stay SHARP to catch.
People are still in a fear and greed phase. Right now the market feels hard. S&P dropping, gold price falling. No clear sign.
BTC is sitting at 77,770, up just 0.22% today, after getting rejected from 84,898 and dumping to 76,325. Price is still under the EMA(25) at 78,422 and the EMA(99) at 80,357, and RSI(6) is at 44.63, so there's no real momentum yet. 7 day is -3.74% and 30 day is -8.26%, but 90 day is still +21.70%.
Volume is drying up too, 804 BTC on the latest bar against a 1.08K average. Nobody is rushing in or out.
My view: short term the bears still have control until BTC reclaims 78,400 and holds it. If 76,325 breaks, another leg down opens. But this looks like consolidation after the flush, not a trend break.
We are now in November. New month, new hope. Few people will leave but more people will join. This industry is unbeatable.
Stay SHARP to catch.
