$BTC
Have this in the back of my mind.
Local top soon or final push into 69-70k then drop. Nice confluence with VWAP targets also.
Sell off early October, full send by mid/late October.
It's just how I'm seeing the local structure. I think the monthly looks fantastic, especially if we close above August's high.
-> Monthly timeframe looks great.
-> Lower timeframe structure still comes into question.
My invalidation for further downside is flipping 70k to support. Then I'd simply target 71k.
Reply Guy Protection:
- No I won't miss the bullrun if this does not happen
- No I won't be sidelined either, because of A) HTF positioning and B) Quite happy to adapt lower timeframe bias upon invalidation. I understand that making $$$ > being right.
:)
Anyway, enjoy the weekend. Go touch that last blade of grass before Q4 begins. đť
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