Molodyi pfp
Molodyi

@lemon-brothers

BTC/USDT Weekly Review ✔️Week closed with a pin bar - possible signal for a downward reversal https://www.tradingview.co... 🟢 Global and local uptrend. Correction to 88-85k will not break the uptrend 🟢 Continued acceptance of BTC as an asset 🟠 Negative cumulative delta (-$1.19 billion), while the price remains stable. Limit buy orders at these levels - retail or institutional? 🟠 Did not allow lingering in the greed zone 🟠 Expectations of rate reduction have fallen 🔴 False breakout of the resistance zone 🔴 Sell in May 🧠 Altcoins were given a chance to breathe, but they are still far from an adequate correction of the fall (not to mention the alt season). A sideways movement on Bitcoin in the range of 88-95k for several weeks/months is a good chance for alts. And while Bitcoin is growing, its dominance is also growing.
0 reply
0 recast
1 reaction