#Bitcoin
These are the two red boxes which is my PoV right now.
Price of #BTC is in between so I won't recommend any taking any position right now.
PoI as per the chart is 57.5k to 58.2k is the area if holds is a good position to long.
At the same time 64.3k to 64.8k is the good area to short.
Meanwhile Bitcoin haven't claimed Monday lows once it brokedown. So i guess it will take a lot of strength for bulls to claim that area and then sweep billions of liquidity around 65k level.
We have seen sunday scam pumps so I won't be surprised to see it happening.
Regardless of liquidity, too many shorts have pilled up rn now and I personally think msrket will soon liquidate them with a short squeeze.
I anticipate to accumulate more shirt by tapping the lower zone of 57k to 58k and then sweeping 64-65k level..
Once done, 52k is on the table.
This eventually justifies the path I have shared and have been following since April beginning .
Lets see how things unfolds.
#Crypto