$BTC
My thesis for this week...
Last week closed at $83.7k and failed to take out the prior weekly high.
Price has since tagged the golden pocket, stalled under $84.3k, and sellers stepped in.
I’m looking for one more test of the pocket near $83.6k before the next leg down.
Lose the BOS at $82.2k and $80.4k becomes the next level I’m watching.
Reclaim $84.3k and the path opens toward the $87k swing highs.
Wednesday’s CPI is the catalyst.
$BTC
My thesis for this week...
Last week closed at $83.7k and failed to take out the prior weekly high.
Price has since tagged the golden pocket, stalled under $84.3k, and sellers stepped in.
I’m looking for one more test of the pocket near $83.6k before the next leg down.
Lose the BOS at $82.2k and $80.4k becomes the next level I’m watching.
Reclaim $84.3k and the path opens toward the $87k swing highs.
Wednesday’s CPI is the catalyst.
$BTC