Just sold a heavy chunk of BTC (my regular sells to pay the bills) on Wednesday, which was accepted yesterday by some lone buyer at $5.3k so a wee bit miffed that this happened like hours after that haha. But there we go, almost 10% move in just a few hours. Just goes to prove you can't really use the news anymore even if it's as big as getting the ol' Bitfinex up your bum.
The volumes are still not quite there though, I'm really surprised by how BTC continues to break those levels and yet without the strength of volume you'd expect.
I think if we see another 2019 this month, and another in June, then the momentum will well and truly be gathering. We're almost back at that 6k level where BTC stayed put for 6 weeks!
We had couple confirmation that there is simply none else to sell. Only holders and smart money are left on bitcoin. That's why price is growing without volume.
We had CBOE delisting news without any dump (i know its not bad news but look at it from lambo investor perspective. All of them was waiting for bakkt and btc etf and ... bum bitcoin is being delisted from cboe) It was, in my opinion, fud producing news and should dump bitcoin).
We had "bitfinex print 850 mln" news and only 3% dump? Under resistance? We should see dump at least 10% without this news simply from TA (fighting with very strong resistance, resting from 60% pump) nad we had 3% dump with this news.
I'm very bullish. Of course, we might see even 20% dump now but it won't change my attitude currently because bitcoin is bad news resistant now. That's the first indicator of the end of bear market
