MikeyTok

One more move lower to the 49-52 area to recover last local daily liquidity, seems to be quite a lot of static buy orders in that location. Before forming a W formation before a move back up, could tie in with possible fed pivot in September and election month in November where liquidity should flow into markets.... Saying that, there is quite a bit of short liquidations in the market that could be taken.....Will they decided to leave them in the market?

Same chart as last published but in 1H time frame Btc pre halving prediction, taking vector points in 47-58k region..before regaining upward momentum

Btc pre halving prediction, taking vector points in 47-58k region..before regaining upward momentum

MM pattern going to hold and play out? expecting bottom of W formation to be at where orders are in the 40k range, second leg of W not to go below first otherwise pattern is invalid.

BTC moving back down toward 42k range to recover liquidity in the wick from the 4th of dec, before turning back to the upside for an attempt of a higher high.

Stop hunt in play to shake out leverage. expect a slow rise from the last red high volume candle, a W formation to play out before a break of the 50EMA on the 1h timeframe before continuation to the upside.

looking to sell out of spot wallet on btc retest of the 33k-33500 range, before downward move in BTC to the 28k-30k range.

Inverse head and shoulders playing out, time will tell which way we break out after we test 36k