BITCOIN - 8 May
BTC dominance on cmc keep getting higher. On 4hr chart, break above the channel top and still looking to push, possible to break 6000 and test the next hard resistance around 6200 zone. Despite margin short picking up, price isnt coming down hard enough. Maybe maybe when margin short is near the next major resistance, a short squeeze might spike the price even higher.
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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :118
Total marketcap :186
Dominance :56.5
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe : HOT ~ !!
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