Something to watch in the short-term

Bitcoin all time history index INDEX:BTCUSD

everheartproductions

Something I’d be wary of in the short term: decreasing volume during a general up/downtrend is a sign of weakness towards that trend ( aka reverse signal). As we’re going generally upwards, the volume is decreasing by the day. This isn’t bullish , so I’d bet on more downside than upside in the short term.
My trading style is to always be exposed to the market, but leaving some dry powder for macro bottom signals.

See related ideas for possible macro bottoms to look for.

You might be interested in …

Trading View June 3, 2022

BTC going to 78K or 7K??

BTC going to 78K or 7K?? Bitcoin / TetherUS BINANCE:BTCUSDT huongnd Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer […]

Trading View May 16, 2022

$BTC : 32k1 to 24k7

$BTC : 32k1 to 24k7 BTCUSDT Perpetual Contract BYBIT:BTCUSDT emranmohammed1995 BOS on 1H TF, OB on 32k zone. So it’s Bearish For me, very low probability of price going up, more than 32k. I think […]

Trading View April 12, 2022

Bet or beat?

Bet or beat? Bitcoin / U.S. dollar BITSTAMP:BTCUSD BizzarTrading Hello cryptofolks There are 2 possible scenarios in my opinion The blue and the green Probably there will be other more possibility that are not mentioned […]