Bitcoin´s top either already in or very close
- extremely high futures premium over spot
- unified bullish sentiment
- bearish on - chain data
- immediate sell - offs above the 60 000$ mark
- Teletubbies posting about BTC
Targeting the 21EMA for now, price very unlikely to go above 65k in the short and mid - term.
- unified bullish sentiment
- bearish on - chain data
- immediate sell - offs above the 60 000$ mark
- Teletubbies posting about BTC
Targeting the 21EMA for now, price very unlikely to go above 65k in the short and mid - term.
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Not looking good.
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This is the last relevant area before the thesis that this is a top is invalidated.
Possible UTAD.
Possible UTAD.
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It indeed was UTAD. Now at a major support zone, if the Kumo is lost it´s likely price falls much lower, towards the 42 - 44k region.
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Target, the 20 WMA, reached.