Is increasingly likely that at 30k there will be no rebound

2021年5月23日

Analyzing the graphs of Mmiracle Viewer I realize how the wave of private long term investors (green) has at a certain point interrupted its rise, a situation that could provide a temporary rebound around 30k usd.

In such case, if the green wave does not come of help to support the purchases it is plausible a continuation of the descent of BTCUSD towards the price of the closest support that is 17k, certainly this will be interspersed from short recoveries and similar attempts of ascent.

The Sentiment market is also rushing and I doubt that when bitcoin has reached very low levels small investors will have the strength to raise its price since many of their resources have already been invested in cryptocurrency and in fact will be positions in loss.

In the comments the detail of the green wave

The fact that even other analyses see the BTC in net loss towards XMR and ETH support this idea of mine... we will see

This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration

2021年5月23日

交易進行

2021年5月23日

交易進行

The bearish sentiment has been confirmed

2021年5月24日

交易進行

A good news but also a bad news

Private Long term Investors seems to start buying BTC
but .... Corporations ( yellow on the chart ) incresed their short positions



The situations remains about the same