I’m not a huge fan of this price action. We should be rocketing upwards. Makes me a little concerned that the big boys are using this period of what should be massive buying, as exit liquidity. No idea who is actually selling, but if $111K breaks we could be in for a retest of $100K. Hopefully the last shakeout, but things need to start moving faster…
Retail is lagging behind. May be a major factor.
No matter how low's the areas we retest, retail buyers have to get money moving, then we can go upwards again.