Bitcoin fell into the liquidity pool below 41 thousand ✅
Asians 😏 I don’t like it when they shit while we sleep... In general, let's think on a macro level.
Monthly TF: March '22 open at 43155 and December close around this level will be very bullish for January. A close below 40k is a bit smaller, but will leave a chance to see 43k next month.
Weekly TF: BTC still has a chance to return to exponential growth if during this week the price returns and rises above the previous week's high. Otherwise, it is prone to a correction or at least a long-term unstable consolidation.
4H TF: The middle of the body of the 4H candle is near 43061 - the target for a dead cat bounce. But don't expect BTC to stay there for long. Based on Monday's open, expect a high volatility range this week. Thus, a fall below 41 thousand may repeat. In addition, the CME gap in the area of 39410-40325 has not yet been closed.
