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🔥 Extreme Sales Week, But the Bulls Don’t Give Up! #BTC# $117k! 🔥
Hello, crypto family! 👋 Sunday is approaching, which means it's time to look back at the week that has been VERY unusual in the bitcoin market. 📉➡️📈 Here is what the data has shown us:
📉 Bearish Pressure: Rarity and Extremity
The numbers speak for themselves: This week has entered the TOP 7.3% most "bearish" in terms of selling pressure for the entire current bull cycle! 😱
In total, 12 weeks since the beginning of this rally have shown the same or GREATER level of selling pressure. 🤯
Translation: This has been one of the MOST challenging weeks for the bulls in terms of selling pressure in a long time! 💪