Something to watch in the short-term
Bitcoin all time history index INDEX:BTCUSD
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.
