Bitcoin - currently under pressure intraday, still below 81800.
Price is trading below its 20 and 50 EMA.
Open Interest has dropped, spot volume is down, but futures volume is on the rise.
MACD/RSI - neutral.
Main scenario is a drop to the 78.5 zone.
Alternative scenario: breaking resistance at 81.8K will send the price to 84K.
$BTC #BTC
Price is trading below its 20 and 50 EMA.
Open Interest has dropped, spot volume is down, but futures volume is on the rise.
MACD/RSI - neutral.
Main scenario is a drop to the 78.5 zone.
Alternative scenario: breaking resistance at 81.8K will send the price to 84K.
$BTC #BTC