BTCUSD 26 MAY 2022 (Birds eye)
Bitcoin / Dollar BITFINEX:BTCUSD
Still pointing to the downside. No recognisable accumulation phase on the weekly. Have to wait for price to intersect with previous demand zones to get a read on the buyers.
Going to be awhile if you are waiting for a new high. Potentially years. Just learn how to read volume and save money or invest in other things through a professional.
Keep an eye on the volume spikes. It is possible it hits a substantial amount of demand and pulls it back up. However, unless and until that happens its bearish , very.
