Bobos get in here.
On the weekly..
Increasing BTC prices while volume continues to decline and dry up. There are less and less buyers willing to pay for increasing BTC price.
Bloody May
Exit or Short
Bobos get in here.
On the weekly..
Increasing BTC prices while volume continues to decline and dry up. There are less and less buyers willing to pay for increasing BTC price.
Bloody May
Exit or Short
Chart related.
logical yes
but this is fucking clown market
Yep, very obvious bearish divergence. This pump is a very obvious bull trap. Get your shorts ready boys.
Are there fewer buyers or sellers?
Probable, but for safety i set my stop limit below.
Bobos have called every rally a trap since the crash
Mumus have done the same, Yas Forums as whole is retarded
Buyers
Sellers want to sell for higher prices that buyers are unwilling to pay. When that happens it's a buyers market. Low demand and medium supply. As demand keeps lowering, you'll see the supply increase, as some sellers panic.
Imagine shorting the halvening