Just another day in crypto

A quick update today on what has been happening with Bitcoin.

Bitcoin is dropping in price after almost touching the resistance line of around 11.7k. Also interesting to note that it has re-entered the down trend channel... does this mean the bears are back... i honestly don't know, but, i'd be surprised to see price drop too far below 9k.

Volume

Look at that sell volume, consistent red for the last few days, the only thing i like about this is that we haven't broken out of the bottom of the cloud yet...

SmilingLlama

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SmilingLlama does not provide investment advice, and nothing in his guides or any articles or communications from SmilingLlama should be taken as such, everything is for entertainment purposes. SmilingLlama recommends you seek financial advise from a certified financial advisor before making any investment decisions