@calvary66
Not a good looking for BTC after yesterday's dump which we are seeing price got rejected right after it retested the 200 EMA on the 4hours time frame.
The most likely scenario is that we could still see s drop to sweep the liquidity below before continuing higher.
Based on my thesis, we are very close to the bottom right now,, just we are still at the manipulative price action as well as volume and liquidity is low.
So this is becoming my worst case scenario for now. A wick below $102k will come very very fast.
0 reply
3 recasts
2 reactions