Another clear sign of a big drop coming... capitulation has not happened yet.. hash ribbons have yet to even see a drop in btc but it will soon.
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notice how all big drops on btc is caught by the ribbon, also notice how this huge drop hasn't even registered yet on the ribbons? yea.............
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12k target looking more and more likely, as eu has broken multi decade support to the downside now
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This market structure is proving to be legit... hope most sold at 48k
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monthly bar about to take out the 2 previous green monthly bars, and that will pretty much seal this deal, thanks for playing bulls :)
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well, can't say they weren't warned :)
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So... uh.... when 100K?
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ribbons still not a day red, dump to continue..
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ribbon just turned a little red over last 2 days... plenty of room to the bottom side left