Funds are voting with their feet:
$BTW 5 minutes: down 2.31%; current price 1.9913; 24-hour trading volume: $315 million.
What does the money flow tell us?
The decline was concentrated in just five minutes, indicating a heavy concentration of aggressive selling.
The 24-hour change is also -19.84%, suggesting that funds overall are moving toward the exits.
Next, watch to see whether large orders step in to absorb the selling at the lows. If not, the price could easily continue to fall.
What do you think?
#BTW
Just sharing some thoughts—make your own decisions about buying and selling.
$BTW 5 minutes: down 2.31%; current price 1.9913; 24-hour trading volume: $315 million.
What does the money flow tell us?
The decline was concentrated in just five minutes, indicating a heavy concentration of aggressive selling.
The 24-hour change is also -19.84%, suggesting that funds overall are moving toward the exits.
Next, watch to see whether large orders step in to absorb the selling at the lows. If not, the price could easily continue to fall.
What do you think?
#BTW
Just sharing some thoughts—make your own decisions about buying and selling.