BTCCNY is a leading indicator of BTCUSD. Now the bottom chart shows spread between BTCUSD - BTCCNY, and it clearly shows reversal formation at this time.
And also, the trading volume is not catching up. Thus, it is still skeptical if BTCUSD breaks 470. I am a bit of bearish standpoint currently and may 380 +-20 is something that I see from the chart.
And also, the trading volume is not catching up. Thus, it is still skeptical if BTCUSD breaks 470. I am a bit of bearish standpoint currently and may 380 +-20 is something that I see from the chart.
