#BTC , still very predictable here! We were sideways throughout the entire weekend (that's what I expected), and then we had a drop to start Monday. We retested $40,400 and that is terrible for BULLS who were hoping to be able to push prices up to $45K.

There was a touch of the EMA100 (4H) at the EMA200 and again we had a drop, as I already expected to happen, however this time, several large orders that were at $40,500 were not activated but were withdrawn as the price fell, leaving few orders remaining of BUYS at these prices and serving only as support and not as something that we could have a strong reaction to, of course, we are starting the day and breaking $40,200 clearly is what we expect here, but the BULLS still have some time to react.

I think it's reasonable to expect some reaction here, even though it increasingly looks like we won't have that, but I make it clear that I think that even if there is a reaction here to $44,500/$45K, it would just be something quick and we would soon drop to $39K. Therefore, going there doesn't change anything, it just postpones our fall lower.

There is a very strong positioning of big players and we can verify this by the size of the BUY and SELL orders that are being positioned on both sides, for example at $40K we already have orders being opened for 381 #BTCs in BUY and still others for more than 200 BTCs, just like in SALES we have $44K orders reaching up to 1K #BTCs and varying by 200#BTCs, demonstrating that both sides are preparing for strong movements.

Remember: They don't want you to win this game!

$39,000 coming soon!

Stay safe!

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