1. Bulls are non-existent
2. We are consistently in the 31K-29K zone for days now, bulls don't seem to consider this as a good price to buy
3. There is buying power set at $28K (around 4.5K BTC) and at $26K (around 8.5K BTC)
4. In comparison practically there is no expectation for the BTC to rise to $36K (with only 2K BTC to be sold on the order book)
Maybe this is the week when BTC will break the $28K support, and turn bearish for the long run?
2. We are consistently in the 31K-29K zone for days now, bulls don't seem to consider this as a good price to buy
3. There is buying power set at $28K (around 4.5K BTC) and at $26K (around 8.5K BTC)
4. In comparison practically there is no expectation for the BTC to rise to $36K (with only 2K BTC to be sold on the order book)
Maybe this is the week when BTC will break the $28K support, and turn bearish for the long run?