The good the bad the ugly The Ugly BTCUSD - Demand not showing up - see chart - demand has weekend since 33,000 USD. Change of character confirmed lower highs and lower lows but doesn't currently look like a full distribution event. If 51000 is not reclaimed bias for price to move towards 43300 - lower if cause builds up here and then price breaks down. https://www.tradingview.com/x/DX9SoojJ/ BTCUSD - had commented yesterday BTCUSD looking weak BCHUSD looking like a false breakout to 1660. https://noise.cash/post/lv3p0596 But who cares about the past. Still don't think there's been enough puking but BTC maxi video bloggers have started to put the diapers on. I don't make much of the Elon tweet other than the comedy factor. (it is genuinely funny as there is no simple rebuttal for the church of small blocks and they can't exactly say he doesn't understand tech) Price to get above for confirmation of a reversal - 51000 Lower target - 43300 - if price enters this range it would be a good entry - key would be high volume coming in. Bulls will want to avoid getting under 42550 - major bar protecting previous reaccumulation zone. Begin to worry if the price drops below 42550 and a reaction to the upside is rejected on volume. #BitcoinCash
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