Bitcoin price is up 20%+ over the past month, but the structure underneath that rally reads differently than the price tape suggests. Derivatives traders are positioned short. Whales are selling into the strength. The momentum profile signals a counter-trend bounce, not a new uptrend. The price tape says bullish. The structure underneath says bearish. The
The post Why Bitcoin’s 20% Price Rally Reads Bearish Underneath appeared first on BeInKripto.
The post Why Bitcoin’s 20% Price Rally Reads Bearish Underneath appeared first on BeInKripto.