Smart Money to Dumb Money Volume ratio in Bitcoin
2024-10-03

This is my proprietary indicator I created.
As always Red is selling, green is buying.
Notice that over the last months up swing while buying outpaced selling,
it was not by much,  Smart Money is moving the price higher while selling in to it.
Resulting in an upswing to psych people in to staying bullish while they sell.

The current downtrend, is more normal for a downtrend.
More selling but buying is only around 50% or less of the selling

I do not know why I am sharing this info.  
Guess I have some sympathy for the people being taken to the cleaners.
And led astray by these supposed analysts who keep saying we are headed for
massive gains in Bitcoin