$BTC
$BTC has a Bearish signal due to the macro trend line violation. It appears about 83% of contracts on CME are\were short, even if BTC is worth more than $8750 there are hundreds of millions of dollars betting against a bull run and so downward price manipulation becomes a risk. Expect some shorts to close some these positions over the weekend.
Volume on every bounce is not strong so far the last week, similar to back in March ... Maybe $BTC Dominance dropping for the start of an alt season?
If price continue to trade downward band again, that will be bad situation for technical view
agree as well!
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woosh
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hi friend