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$BTC

BTChasaBearishsignalduetothemacrotrendlineviolation.Itappearsabout83%ofcontractsonCMEare\wereshort,evenifBTCisworthmorethanBTC has a Bearish signal due to the macro trend line violation. It appears about 83% of contracts on CME are\were short, even if BTC is worth more than8750 there are hundreds of millions of dollars betting against a bull run and so downward price manipulation becomes a risk. Expect some shorts to close some these positions over the weekend.

Volume on every bounce is not strong so far the last week, similar to back in March ... Maybe $BTC Dominance dropping for the start of an alt season?

43 upvotes $5.38

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