People are saying that buyers are drying up....but so are sellers.
Totally flat price action. Bitcoin is never flat unless it's bear market or accumulation time. I feel this is NOT a bear market as sellers are not willing to short further. Whales are not willing to sell current BTC in volume to create a further drop, because people are HODLing.
MACD - still bullish
MACD Platinum - looking to show sell, buy, sell at zero line which normally happens before a big move.
Wycoff Accumulation - very shallow on the daily view although negative (flips quickly to green when shallow red)
EMA Ribbon- shows flip may take a month but is around same time period as February 2019, before recent rally.
Gaussian channel- lines up with price looking to cross with rally in November/December (like usual best months).
Totally flat price action. Bitcoin is never flat unless it's bear market or accumulation time. I feel this is NOT a bear market as sellers are not willing to short further. Whales are not willing to sell current BTC in volume to create a further drop, because people are HODLing.
MACD - still bullish
MACD Platinum - looking to show sell, buy, sell at zero line which normally happens before a big move.
Wycoff Accumulation - very shallow on the daily view although negative (flips quickly to green when shallow red)
EMA Ribbon- shows flip may take a month but is around same time period as February 2019, before recent rally.
Gaussian channel- lines up with price looking to cross with rally in November/December (like usual best months).
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