We're currently looking at the HIGHEST PROBABILITY of #BTC getting rejected from the key levels $61K-$65K.

Contrary to popular belief that BTC will immediately break $73K and ignore the possibilities of traps. I beg to differ.

Shakeouts are real and most of the time happens when everyone is already hyped up in the highest possible price at a certain period of time.

With this being mentioned, you can notice all the late longs have been shaken out most at $70K-$73K.

This isn't just because of the large amount of sell orders but due to the fact that there are many fishes waiting at the peak only to be swallowed by the market.

By the time the fishes understand the possibilities of a breakdown after the shakeouts, late shorts will then happen around $35K-$43K but to you who have seen this post, you've now the advantage of cautiousness. This is the quality of a great trader.

Never forget that there are certain corrections to be made in order to fulfill the market's demands.

Just imagine a truck running out of gas, you need to pour in more, to let it function.

You can also check the other scenario below.

- GP TRADERS