#BitcoinAdventure #BTC plays as textbookđ
Fakeout above the recent swing high
2023 Feb - 24258đ»
2023 Mar - 29380đ»
2023 Jun - 31458đ»
2023 Dec - 44729đ»
Then $BTC breaks below 50 MA and going for the liquidity which is generally exists below the swing lowđ
So far pattern plays out good
â We got a Fakeout above 44729 Swing High â Crossed below 50 MA â Last step is to dump below 33407 Swing Low
Short-Term we might see a bounce back to 50 MA, but I am looking for the setup to play out nevertheless.