Weekly BTC chart - We've been mostly bearish since Oct last year
#BTC 16500 = IMPORTANT AREA
IF breaks = 13k, maybe 10k
#bitcoin has not been strong AT ALL & had signs of bottoming but that's GONE
Edited the chart and took out possible positive's as they're out of reach
1st yellow arrow shows HUGE + volume, then selloff months later
Today HUGE volume, possible 13 - 10k & capitulation or trade sideways again & yesterday capitulation
$BTC weekly, see pic for more explanation
#BTC tiny amount of short covering
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Sorry that tradinview squeezes the charts - Hard to post a lot of data here
IF breaks = 13k, maybe 10k
#bitcoin has not been strong AT ALL & had signs of bottoming but that's GONE
Edited the chart and took out possible positive's as they're out of reach
1st yellow arrow shows HUGE + volume, then selloff months later
Today HUGE volume, possible 13 - 10k & capitulation or trade sideways again & yesterday capitulation
$BTC weekly, see pic for more explanation
#BTC tiny amount of short covering
---------------------------------------------
Sorry that tradinview squeezes the charts - Hard to post a lot of data here