Bearish Momentum Has Stalled... Impulse Up Next?

17 Nis 2022

Bearish momentum seems to have stalled out. Even when looking back to 2018 and how we dumped at similar relative levels--we have yet to see much of a bullish shift in perspective, even with rising prices. This could be signaling some sort of bear trap. When you look at things from a perspective of strength--I am not convinced that bears have the strength at this time to push the price down lower.
Too many countries and institutions are taking a HIGH interest in crypto, let alone Bitcoin, the current king of crypto. Even when War was confirmed in Ukraine... why did we not see a harsher reaction from the market? Why are we still making higher lows? ...From 28k in 2021, to 31k when the year started, to now 39k after making a strong bullish impulse upwards, nearly reaching 48k once again?

Bears are starving. I don't see the strength. I'd love to be proven wrong.

9 May 2022

Not

Hmm, interesting. So we've broken down, but there is still no volume.

I am skeptical to believe in these dips if we don't see more volume, though. BUT the unfortunate thing is (from a trader's perspective), by the time we see more volume during a crash or dip, it may be too late to even trade it. So stay safe out there, guys.