$BTC — Tuesday volatility pattern worth watching.
Since April, 7 out of the last 8 Tuesdays have seen an intra-day clear reversal.
- A local High or Low forming followed by a sharp move in the opposite direction.
- 5 of those 8 occurred right around 9am Chicago time (14:00 UTC).
It's currently 7am Chicago (12:00 UTC). That window is 2 hours away.
Price is sitting at $69.2K after the flush, right at a key level.
Orderbook flipping positive, spot CVD showing early signs of turning.
Whether that means a bounce or continuation lower, the data says Tuesday tends to move and reverse.
What do you think this Tuesday has in store for us?
#BTC #bitcoin #TechnicalAnalysis #trading #crypto
Since April, 7 out of the last 8 Tuesdays have seen an intra-day clear reversal.
- A local High or Low forming followed by a sharp move in the opposite direction.
- 5 of those 8 occurred right around 9am Chicago time (14:00 UTC).
It's currently 7am Chicago (12:00 UTC). That window is 2 hours away.
Price is sitting at $69.2K after the flush, right at a key level.
Orderbook flipping positive, spot CVD showing early signs of turning.
Whether that means a bounce or continuation lower, the data says Tuesday tends to move and reverse.
What do you think this Tuesday has in store for us?
#BTC #bitcoin #TechnicalAnalysis #trading #crypto