BTCUSD Bitstamp Weakness in Volume Profile and Price Seeking

Currently sidelined institutional traders await word from the SEC. As the price slips further, noted weaknesses in the Volume Profile discourage serious bidding. Ultimate price bottom has been noted as low as $956, though the extreme scenario. There cannot be another serious bullish trend until this bottom end region of price is explored further.

Some interesting news this week:

• Nasdaq announced plans to release a 'crypto futures 2.0' platform in Q1 2019 partnering with Van Eck SolidX.