What do I always say? FVGs always get touched! It's been a week of institutional sell-offs, most likely preparing for Trump's US Reserve buy. But if we focus on BTC, where are we at? The weekly FVG at $80,353 is now looking likely to get touched (and also at 2σ from aVWAP), and if it gets filled, we will be looking at ~ $74,616 - which also corresponds with the 3σ of the aVWAP from the US Election. So, there is a strong confluence at this level.
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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.