Bitcoin Weekly Outlook
The Retail Whales
Here is a quick run through on my current outlook for BTC.
Id like to see the whales sweep the highs into out 15Min Whale Block taking all the liquidity that we can see in the Liq Levels indicator.
From that sweep and mitigation, i can see the market moving down to the Retail Trend line and taking our RSI into an oversold position.
Remember we have CPI data coming out middle of the week so we could continue to range and induce more liquidity before we sweep both sides of the market.
Hoo Roo
Here is a quick run through on my current outlook for BTC.
Id like to see the whales sweep the highs into out 15Min Whale Block taking all the liquidity that we can see in the Liq Levels indicator.
From that sweep and mitigation, i can see the market moving down to the Retail Trend line and taking our RSI into an oversold position.
Remember we have CPI data coming out middle of the week so we could continue to range and induce more liquidity before we sweep both sides of the market.
Hoo Roo
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.