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As we say in Catalan, ""no diguis blat que no sigui al sac i ben lligat" whose literal translation into English is "do not say wheat while it is not in the sack and well tied" and whose best translation to a typical English phrase would be "don't count your chickens before they hatch", we could attribute this to BITCOIN today ...
As I explained , we had 3 clear signals on the 1h chart indicating REVERSAL trend, however, the Volume was still a pain in the ass.
Today, it seems that things have been quite lively, and although the volume is still driving us crazy, it seems that we have some symptoms of recovery in the latter and that is that interesting green peaks are being seen in BTC Volume.
Also, it seems that we have had a beastly spike in the amount of BTC that has left the exchanges these days, 30,000 BTC no more and no less.
That is also a good indicator, remember, less BTC on exchanges = more scarcity = higher price,
My eyes are now focused on the resistance at $45,800 which I think is where we are going to confirm that we break out of this mini bear time.
But I keep repeating the same phrase from the beginning, "don't count your chickens before they hatch", we have too many Musk and CZ on the market playing with all of us :-)
@toofasteddie
Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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