BTC IDEA
BTC has been trading inside of a rising wedge pattern, of which in this case is a Bearish completed.
Although BTC price has broken out of this wedge and still making highs. I was anticipating a breakdown flow initially, until I realized and remembered BTC has a CME gap to fill between $61,850k - $61,550k. So I strongly believe BTC is pumping to fill this gap, and we know what happens after CME gap fills (liquidity grab). So I'm still very much Bearish on BTC to the 44k support zone that it.
But anyways we'll see how it plays out in the coming days and week. but for now we can scalp into the strong Resistance zone @ 62k
Although BTC price has broken out of this wedge and still making highs. I was anticipating a breakdown flow initially, until I realized and remembered BTC has a CME gap to fill between $61,850k - $61,550k. So I strongly believe BTC is pumping to fill this gap, and we know what happens after CME gap fills (liquidity grab). So I'm still very much Bearish on BTC to the 44k support zone that it.
But anyways we'll see how it plays out in the coming days and week. but for now we can scalp into the strong Resistance zone @ 62k
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