$BTC $BCH $GRAM $USDT $USDC
📊 Bitcoin sellers are running out of steam.
The Seller Exhaustion indicator has dropped to levels typically seen in 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 that is still lacking.
📊 Bitcoin sellers are running out of steam.
The Seller Exhaustion indicator has dropped to levels typically seen in 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 that is still lacking.
