BTC
volume is NOT heavy, small amounts of buying, mostly selling. Shorting is at the highest levels since October.
People are/got FLUSHED. This is VERY healthy as it gets rid of greed.
#BTC could take 1-6 months to resume up trend,
Weekly chart shows #bitcoin forming a DOJI last week. 50-60k possible bottom process, we warned.
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1 Thought we were wrong on
BTC
call but it's looking more like a reality. #Michaelsaylor = horrible price picker & something's not right over there, selling lots of
MSTR
, anyway. 2 Updated what we believe is better #BTC trajectory.
3 #Bitcoin RSI & $ Flow were at historical tops.