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Parent Post: I'm Shorting Bitcoin
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In Reply To
thoughtcriminal_1984
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11/6/2025, 6:04:08 PM
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I see you... any bounce higher won't make it that high. Look at the higher volumes on the down swings apposed to the up swings... volume is selling, not buying.
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hunter
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11/6/2025, 6:05:15 PM
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yes and this will set up another "lower high," meaning we are not reversing into a bull market again and the bulls will again be wiped.
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thoughtcriminal_1984
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11/6/2025, 6:10:49 PM
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Yes sort of, but the chart you're showing isn't showing a bull trap, more simply, just market dynamics.
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hunter
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11/6/2025, 6:11:33 PM
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It's more wave theory and RSI positioning than anything
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