monsieurdeivid on Nostr: So, it seems that now, Institutions were/are loading hard 😄 😄 ...
So, it seems that now, Institutions were/are loading hard 😄 😄
quoting note1wh5…hrw4note1dkk…eq4h
Just zoom out and having a look at those indicators.
It seems that Institutions have not full filled bags yet, so back to acummulation zone instead of keep up trending, maybe till end of 2023 (supposed ETF approval 2024 Q1).
RSI and SOPR don't want to keep trending at the moment.
Max pain Bitcoin Open Interest August 25th at $28.500, so maybe a green candle in few days to reach it (actually $26.000).
Still in range for few months till Institutions are ready to 🚀