TradingView
apsnt
Jun 7, 2021 9:03 PM

The sellers are stronger - Bitcoin is going down Short

Bitcoin / United States DollarCoinbase

Description

I think we have a pretty good signal now seeing a pretty strong selling pressure. The break out to the upside was visibly weaker than the fall. There are just not enough buyers to drive the price higher but there will be more and more sellers to drive the price down.

If this analysis makes you uncomfortable just learn how to short.

Comment

The only "weird thing" I noticed was a huge buy wall at 28k EUR on Kraken (34k USD). Now the biggest buy nets are set at 31k.
More