- For all bullish here, zoom out to get more clarity over charts, we tapped " range lows " resting @ 59184, resultant in a bearish retest, - For it to invalidate we have to get a close above range lows and get acceptance there, - Currently we are retesting range for which made people bullish on the ltf without seeing the htf view over charts, Got Cpi today-that might bring some volitality, - Eyes on a fill of 54.6kish region and we see from there what the PA has to offer us from there.
- With a alot of momentum inlfux flowing in the market, While we see (PA) Price action took mere buyside/sellside liquidity to trap positions both sides,
- Eyes on Spot CVD, still no decent buyback, got MM's shilling to manipulate the market stopping out more positions,
- While alot of bullish bias in the market, did look for alts that are stronger compared bitty charts, keeping in mind the consolidation is healthy for alts to complete their expansion cycle,
- Hourly candle close above 67775 and we did look for more largos in the market trimming 72.8kish regions
Bulls: $BTC BTC is gonna v-shape reverse back up to 80k
Bears: $BTC is gonna continue trending towards 40k
Me: $BTC is gonna chop on low volume for the next 7 weeks, traders on both sides will capitulate, every bounce will give hope, every dip will erase it, lows will be sold, highs will be bought, and eventually when everyone is sick of crypto and prices have been compressing for months . . . that's when the real move will happen Stay patient compound small wins till you can