Where have we seen this behavior before? Bitcoin has shown a lack of conviction around the PSY low…
Now although volume is dry across the board, we must be mindful that in tonights asian session, we may see an influx of volume coming in.
If they are favoring to bring price down, then the Range Daily Low will be seen, however, this range will only be valid until tonight, as the new trading day will reset this range, however, Last weeks Low may be the compensation…
Let’s see what they have in store for us.
Mad Love
T
