$BTC Price has been following the fib levels pretty often,
If we hold the bearish trend here then a retest and rejection into the 79k (0.5) is very possible around Sunday evening.
We just formed a new monthly candle as well and looking at where we are currently structure wise + considering the mFVG below,
It's high likely we dump and tap into the mFVG following week - marking the bottom with a quick sweep of 72-73k,
And then start the next leg up towards the 88-90k zone,
Also the upside liquidity is surely going to get hunted at some point which is why, I have been slowly building a swing long with 80% of total size filled atm.
(Even if price pumps from here, which is also a possibility, I will still catch the entire move with a decent size).
Overall, things are going pretty well for us, if we break below from here,
My final limit will get filled and also I will try some separate longs on 10x leverage. #BTC Price Analysis# #Macro Insights#
If we hold the bearish trend here then a retest and rejection into the 79k (0.5) is very possible around Sunday evening.
We just formed a new monthly candle as well and looking at where we are currently structure wise + considering the mFVG below,
It's high likely we dump and tap into the mFVG following week - marking the bottom with a quick sweep of 72-73k,
And then start the next leg up towards the 88-90k zone,
Also the upside liquidity is surely going to get hunted at some point which is why, I have been slowly building a swing long with 80% of total size filled atm.
(Even if price pumps from here, which is also a possibility, I will still catch the entire move with a decent size).
Overall, things are going pretty well for us, if we break below from here,
My final limit will get filled and also I will try some separate longs on 10x leverage. #BTC Price Analysis# #Macro Insights#
