BTC is weakening further. Although the CMF shows TINY accumulation.
#BTC MACD histogram shows a slight neg divergence. This means that there is a decent chance MACD crosses over, negative.
Find it interesting that the Head & Shoulders neckline is right at the Nov 2022 bottom #Bitcoin trendline, blue dotted line.
--------------------------
Now let's compare Futures vs Spot
RSI on spot BTC is much weaker compared to derivatives.
CMF shows huge differences between Futures vs Spot #BTC: Futures Sold off & slow grind up vs Spot volatility This was short covering vs Spike = false reading
Countless examples over the years on why using #bitcoin futures/derivatives charts is better, #crypto
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.