monsieurdeivid on Nostr: nostr:note1wh5x84035fvtwahchuw4l42npn4utvjlxg5sje852dmy8g7d3ekse8hrw4 Max pain ...

quoting note1wh5…hrw4

note1dkk…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 🚀

Max pain expirations now at $28.000