An interesting situation with the Coinbase premium index.

According to the Coinbase Bitcoin Premium Index chart, we can see the following - after the dump on February 6th, the selling pressure from institutional investors continues to decline.

Tonight, at Trump's speech, the balance of power shifted: sales gave way to purchases, and the index moved into positive territory.

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Thanks for this deal, everything went perfectly! 🤩

It was easy deal!💰

Santiment records a change in sentiment.

Just 48 hours ago, market participants were expecting a retest of $60,000. Now, BTC is moving towards $70,000, and bullish sentiment is dominating the discussions again.

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#usefulmaterial The Hanged man ~

The "Hanged Man" candlestick formation appears in an uptrend, and signals its imminent change to a downtrend.
This candlestick, has a small short body and a long lower shadow. There should be no upper shadow at all, or it should be very short. The colour of the candle does not play a special role, but on small timeframes, the model with a red candle will be stronger.

The candlestick formation "Hanged Man" can be identified by three main features:
1. The body is at the top of the price range. The colour of the body does not matter.
2. The lower shadow is twice as long as the body.
3. The candle has no upper shadow or it is very short.

Also, be sure to wait for a bearish confirmation candle.

A pair of "Hanged Man", is a candlestick pattern known as "Inverted Hammer". The point of this Japanese candlestick pattern is, on the contrary, to buy, as it is formed during a downtrend, indicating that it will soon change to an uptrend.

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