Firechart is issuing a mild warning. The CVD indicator for bitcoin:native shows selling pressure emerging after the recent price rally. Purple and brown whales have slightly sold off following the price increase, taking partial profits on their bitcoin:native holdings acquired at lower price levels. However, retailers are actively buying. Notably, a sell wall is forming around the $83K level. P/S: This post is for data presentation only and does not constitute trading advice. #btc
Chau LeShare
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