$BTC 📊 Bitcoin sellers are running out of steam.
The Seller Exhaustion indicator has fallen to the low levels typical of bear markets (Darkfost)
Historically, a similar decline in selling pressure has created conditions for a market bottom to form.
However, seller exhaustion does not guarantee a market reversal. Bitcoin needs demand to recover, and for now, it is still lacking.
$BCH #Gram
The Seller Exhaustion indicator has fallen to the low levels typical of bear markets (Darkfost)
Historically, a similar decline in selling pressure has created conditions for a market bottom to form.
However, seller exhaustion does not guarantee a market reversal. Bitcoin needs demand to recover, and for now, it is still lacking.
$BCH #Gram