RC
#BTC Bitcoin is slowly getting there when it comes to seller-dominant volume Seller volume has just about eclipsed its moving average (blue MA on volume) to officially reach above-average territory Thus, Seller volume has reached above-average volume for the first time on Rekt Capital @rektcapital Nov 5 #BTC Bitcoin has not yet experienced capitulation seller volume but seller momentum continues to gain Again, if Bitcoin experiences a breakout on seller-oriented volume (black diagonal) into above-average levels then that could very well be the sell-side volume needed for
RC
Could Chainlink Flash Crash Like Before? Checkout my new Altcoin Newsletter where I share my charts and analysis on $LINK $AVAX $LTC $ONDO $XLM $SOL I share an Altcoin Newsletter like this every Friday Sign up & read here: newsletter.rektcapital.co.uk/could-chainlin… $BTC #BTC #Bitcoin Could Chainlink Flash Crash Like Before? From newsletter.rektcapital.co.uk
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RC
#BTC It’s worth proactively thinking about Bitcoin Black Swan events ahead of time Because you need negative catalysts like these to have the opportunity to dollar cost average at deeply retraced, bargain prices But you can’t then be surprised if there is a lot of fear Rekt Capital @rektcapital Oct 30 #BTC Like clockwork The biggest Crypto exchange hack took place yesterday Black Swan events tend to take place in the second half of the Bear Market year $BTC #Bitcoin
RC
#BTC „The question now is whether Bitcoin can produce some sort of downside deviation below here over the next few weeks” Yes, Bitcoin is now performing a deviation below the 2023 Right Shoulder analogous support of ~$76000 $BTC #Bitcoin Rekt Capital @rektcapital Nov 1 #BTC Bitcoin has tagged the Right Shoulder support level analogous to the 2023 cycle (orange) The question now is whether Bitcoin can produce some sort of downside deviation below here over the next few weeks $BTC #Bitcoin