Sorry, don't agree with your hypothesis. Bitcoin is poised to rally, now undergoing accumulation prior to a measured move up. IMHO
error8
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@skoutas, Accumulation on the lows is never a good sign....
cr74life3
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@skoutas @skoutas, oh you talking about those wyckoff “experts” posting hopium trash accumulation models on the 1-4hr tf? Sorry but strong chance we in latter stages of distribution still with further leg down. Ask yourself, do big players really find 30k a discount when just a year ago we were trading under 10k?
cracklings1017
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@cr74life3, I really agree with you. I think the whales would love to buy at 20k below.
xhunter
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@cr74life3, they already bought under 10k just like how they bought under 1k in 2017. Time of giving cheap bitcoin to the masses is over.
FreeFuturesSignals
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i think we could see a little more downward but by end of july mid aug and sep time should see bounce to new ATH
stellarcollision
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Daily bearish divergence. BTC is not finished falling.