False move monday on Bitcoin
We are currently sitting at the EMA50 on the 4hr timeframe. It looks like we are doint a mean reversion here again. The top was quick and formed a wick but I couldn't finde any vector candle that could be liquidity pools to recover. We also have a CME GAP at 54.2k which will be recovered soon in my opinion. We had the retest of the 58k level which was very important but I expected it to happen on wednesday. Lets observe price action but my observation leans towards shorting.
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