Bitcoin Volume Tells The Story

Volume says it all. You can see the big smart money positioning and exiting the market, which is seen by higher than the normal relative volume. This results in price reacting in a direction consistent with the smart money activity. Currently, we are in the next high volume buying period of smart money buying retail fear. Historically you can see that price reacts upward when this happens. There is no reason to think this won't be the case this cycle.