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…
Yep, this is weak price action. I always thought we’d get one last gut wrenching dip that makes us think it’s all over, before we get into the euphoric selling area.
That doesn’t make this any easier though. Anything under $105,000 and I’m going to start thinking the top is in.
Whoever is selling, that includes people here, ******* STOP IT.