July 8, 2026

Capitalizations Index – B ∞/21M

Bitcoin Weekly Chart

Bitcoin weekly chart

Bitcoin Weekly Chart

Proceed with caution!

I see a lot of bullish sentiment starting to emerge which already signs of warning. In addition we are given some clear clues that prices might decline in the coming weeks.

Analysis:

– Price has been increasing slowly while volume is dropping.
– Price is at strong resistance.
Stochastic RSI is at the same level as when bitcoin was at $20.000 and looks ready to crossover bearish .

Also most of the Alts that have been doing well seem to be at strong resistance, with this all colliding I’m expecting a pull back.

Published at Sat, 30 Mar 2019 12:18:18 +0000

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