#Bitcoin Selling Pressure
Chaikin Money Flow (CMF) measures money flow volume during a specific period.
CMF recently showed one of the highest selling pressure in #BTC history.
Last time selling pressure was this high it was in 2015 at the bottom of the cycle.
RT appreciated.
At $20K BTC, if you believe that the downside risk is $10K and the upside potential is $250K, then at these prices there is a .5X downside and 12.5X upside.
This is a 25 to 1 Reward to Risk profile. This is compelling.
#BTC has been hovering between $18500-$22000 for the past few weeks
For the moment, this recent jump to ~$22000 for $BTC is not too meaningful a move, macro-wise
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