$BTC is erasing the pump as expected.
The Sunday scam pump scenario I shared yesterday is playing out pinpoint.
Maybe I need to start shorting on the Monday Asia session since it's becoming extremely predictable.
The thesis for Bitcoin remains the same as last week and the week before: expecting more downside.
The pump almost got completely erased, and price is now trying to hold the 62.3K PWL.
If we take out 62.3K, we might see a little short term bounce due to early buyers getting stopped out.
Still, I'm not interested in longs until we see lower prices first.
My main POIs for longs remain the 60K and 59K region, longing the reaction after we tap those areas.
Those who follow me know we're well exposed to shorts since we shorted every pump since 67K.
I'm letting those trades run and taking profit at my long POIs, with 20% left open as a runner.
On the higher timeframe, I'm looking for lower lows below 57K. Nobody can predict when this happens, but that's why I'm keeping my runners.

Bitcoin is erasing the pump as expected.
The Sunday scam pump scenario I shared yesterday is playing out pinpoint.
Maybe I need to start shorting on the Monday Asia session since it's becoming extremely predictable.
The thesis for Bitcoin remains the same as last week and the week before: expecting more downside.
The pump almost got completely erased, and price is now trying to hold the 62.3K PWL.
If we take out 62.3K, we might see a little short term bounce due to early buyers getting stopped out.
Still, I'm not interested in longs until we see lower prices first.
My main POIs for longs remain the 60K and 59K region, longing the reaction after we tap those areas.
Those who follow me know we're well exposed to shorts since we shorted every pump since 67K.
I'm letting those trades run and taking profit at my long POIs, with 20% left open as a runner.
On the higher timeframe, I'm looking for lower lows below 57K. Nobody can predict when this happens, but that's why I'm keeping my runners.