BITFINEX:BTCUSD Bitcoin / Dollar
a short made under 600 for a low retest still can happen, all the leverage positions needs to be closed
The low volume test is telling me that price wants to go up to 650 level. The high volume came in on the very bottom of this absorption pin so Institutions had resting buy orders right on the lows and will push it to 650 or higher to take profits. Big boys always buy low on panic selling and sell high, but they need a breakout to attract buyers so they can sell into the buying.