MonkeyPhone

Momentum is waning -BTC-

Short
COINBASE:BTCUSD   Bitcoin
We're ranging at a top of a range on lower volume and volume precedes price. The waves on vumanchu indicator are printing lower highs. Stoch is as well. On the daily it looks like distribution to me, with bigger fish selling their bags everytime we make it to the highs of the range. I think Bitcoin cools off for awhile, perhaps not tanking, but a slow bleed for a few months. And this is not financial advice as I'm a monkey with a phone.

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