$BTC | Lower timeframes often look bullish to trap you.


Higher timeframe is leading and it's still bearish. Market structure is obviously downtrending.
Now look at volume:
- increasing on the way down,
- insignificant compared to prior months when ranging.
That is your context. Allthough this month has 2 more weeks until closure, it's not looking to bright.
Early signs of bottom formation are there, but absolute bottom is not yet in according to my analysis.
BTC2.66%
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