BTC - Lower Timeframe Distribution
Looking on lower timeframe, we can say that distribution is taking place after the upthrust at 65000
Now, price is trading at the support which I believe Bitcoin is on the last point of supply before we move out of thids trading range
We might get a temporary bounce around 62500
However, I think this move could take us lower to 61000s to 60800 area (nPOC + high volume node)
Now, price is trading at the support which I believe Bitcoin is on the last point of supply before we move out of thids trading range
We might get a temporary bounce around 62500
However, I think this move could take us lower to 61000s to 60800 area (nPOC + high volume node)
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