Good morning, Dear Michael's Fam 💗
Hope you all are doing great!
Yesterday, we opened a $BTC long, and the trade is still playing out within this prolonged weekend consolidation. The overall market structure remains bearish, but liquidity is building around $78K.
In my opinion, $BTC could sweep the liquidity around $78K before making its next move toward the downside. I'll continue monitoring this setup, but I would not recommend taking swing long positions in the current market conditions.
Stay patient, manage your risk, and wait for confirmation!
Hope you all are doing great!
Yesterday, we opened a $BTC long, and the trade is still playing out within this prolonged weekend consolidation. The overall market structure remains bearish, but liquidity is building around $78K.
In my opinion, $BTC could sweep the liquidity around $78K before making its next move toward the downside. I'll continue monitoring this setup, but I would not recommend taking swing long positions in the current market conditions.
Stay patient, manage your risk, and wait for confirmation!
