BitcoinShort
BTC following suite with the rest of the market's yearly close
Weekly levels are still keeping the HL > HH narrative. Going into the year we want to see the nearest weekly lows tested 94K down to the imbalance high around 
89K, the lower the better here.
I believe BTC following suite with the rest of the market is seeking levels for the yearly candle transition. During this process we will expect a strong low to be placed to support the rest of the yearly surge to come.
A clear support zone in the imbalance below on daily chart with volume profile POC also resting in this fib retrace range. As we can see on VP the bullish liquidity is heavy in this range.
Although this range is heavy bullish, I do expect a deeper sweeping of weekly lows before the next year's candle finds its stable low.
Daily chart >>
89K, the lower the better here.I believe BTC following suite with the rest of the market is seeking levels for the yearly candle transition. During this process we will expect a strong low to be placed to support the rest of the yearly surge to come.
A clear support zone in the imbalance below on daily chart with volume profile POC also resting in this fib retrace range. As we can see on VP the bullish liquidity is heavy in this range.
Although this range is heavy bullish, I do expect a deeper sweeping of weekly lows before the next year's candle finds its stable low.
Daily chart >>
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