ROYAL_OAK_INC

Hard to do BTC minute chart updates, but will try

CME:BTC1!   Bitcoin CME Futures
FROM YESTERDAY
Largest volume on $BTC today was between 11AM-3PM

#BTC had decent selling but huge buying came in

Sold off with decent volume + shorting
Some short covering + buys

Then heavy selling @ 14:30 followed by BUYS
Some shorts again but been steady since




TODAY


Not much changed $BTC since last night

There was volume sell spike
First time buys have not come in to rescue

#BTC purchase is break even
Considering dropping it, risk reward was worth it

Made CLEAR MANY TIMES #bitcoin was in DOWNTREND = BEAR MARKET

IF $BTC doesn't hold 16500 then SERIOUS TROUBLE
That's also NOT strong support

IF that happens #BTC could see 12-13k
#Bitcoin weekly looking more & more like reality

#cryptocrash #Crypto

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.