The market bitcoin is telling us something and it's still weak.we've seen numerous days following this rejection the buyers could not move price above our trend.we got to take note of these things and utilize it for our benefits and the current environment into the market at bitcoin considering you know the market is still a little bit weaker than it is given us strength.
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Why smart money is selling because they're looking at the same type of information we have access to now and they pay attention to the information they don't go in hoping and wishing.if the buyers is going against the market will go your direction.I'm not giving you all information you don't already have the important part.
How you interpret information the marketing bitcoin is closing lower and you there's more sellers in the market and the demand the buyers is not coming through the market at bitcoin is still weak now the problem comes in determining how weak is the market then is it extremely weak to where we can see price run down to 19000 to 20000 dollars.
It just weak enough to where price is going to come down the problem that no amount of information no algorithm you how low price it's going to go.we saw an decrease in volume and the market closing off the lows.the market is still weak in bitcoin previous three days.
You get a better image of looking at Price breaking Trend what I'm looking in the marketing bitcoin we may start a small minor Trend to the downside.I'm going to maintain the price prediction I'm going to look for the price to try to reach up there to around 19757 dollars in the market.
I think that's going to be the location sellers are going to try to come back into the market and then try to continue to push this market back down if we maintain the strength of bitcoin they're not going to look forward to running to 20,000 dollars