BTC bearish divergence, expecting anti-crypto news in next 48 hr
We see multiple touches of BTC's Supply Zone at
31K
across multiple days. Per my accumulation indicator, net accumulation on the 2h chart has gone into negatives. This last push to
31K
today marked the last massive hidden bearish divergence confirmation of the reversal.
I am expecting BTC and ETH (and all crypto) to fall massively before Wednesday morning, just in time for the markets to open red as well. Just a guess, but right now I am all cash.
Let's see what the next 24h brings.
31K
across multiple days. Per my accumulation indicator, net accumulation on the 2h chart has gone into negatives. This last push to
31K
today marked the last massive hidden bearish divergence confirmation of the reversal. I am expecting BTC and ETH (and all crypto) to fall massively before Wednesday morning, just in time for the markets to open red as well. Just a guess, but right now I am all cash.
Let's see what the next 24h brings.