Long time no post, I know. Here's my prediction of how the first half of 2023 will play out. Lots of unchallenged shorts still floating from mid 2022. I'm expecting price to take out those August highs, then form a LTF distribution that ultimately leads to a drop to new lows. NFA DYOR and GL!
BTC is forming a rather nice looking rounded top on the H4 chart. I'm looking for a short entry at the H4 20EMA. Expecting a close below, then a retest of the level to confirm resistance. Will enter a new short position on the retest if it holds. I'm expecting that April will be a mega bullish month, just need a wash before the next leg up.