(NFA!) Global economy collapsing is affecting production. I am suspicious crypto-market follows the trend of stock markets.
I try to see the big picture of smart money but sometimes it is good to dig under the black box to manage psychology of the invesment. You should ask yourself: would you buy $BTC if it is 20K? Would you expect new ATH after the circle area on the chart?
new weekly demand zone idea in my opinion. this could directly go upward without buyers at that zone with a momentum which can be followed by 1H & 4H candles with volume.
is it possible? BITSTAMP:BTCUSD @priceactionTR1