Weather seasonality or else everything was prepared for bull run and it took of at 1 April 2019. It has been non-catchable almost vertical bull rally. As of 25 June 2019 the bull is exhausted and there are many BTC are for sale. Volume (VF) is making lower high's indicating that the buy power is not coming back at these levels.
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Market is shifting. 1. accelerated dump on altcoins. This indicates a altcoin-bear exhaustion and equally bitcoin-bull exhaustion. We might even see altcoin bottom out.
2. No money coming from stock markets. FED and Company buy-backs won't dump their shares.
3. Some bond money, read as smart money, was entered the market. This money waits on multiple confirmations before enters the market. Dip buying and chasing the market is not trustful enough.
For now I am leaning towards bearish bitcoin market until September. As always the market might surprise us.
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Somehow this idea is disappeared on my published ideas on TradingView. But here we are. - The last upmove is a good example of trying to create fomo by the market mover With that move ABC is completed. s3.amazonaws.com/tradingview/snapshots/g/gqMJkwNr_thumb.png
Nice chart!