btc

if you set your stop loss right beneath the bottom it is being hunted by the big boys. its a different game now.

Comment:

A good way to gauge market sentiment is to see how it reacts to news.

over react to positive news + under react to negative news : Bullish
over react to negative news + under react to positive news : Bearish

Right now bitcoin has seen multiple positive news and price has not reacted. Meanwhile price dumps on even the cringiest of negative "news".

Combine that with the chart and we are in a bearish market structure currently.

Trade active:

swept