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Joined December 2024
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Every time we’ve formed a double top/bottom, price first swept the low before the pattern played out on bitcoin:native This time? → 60K low not swept yet Which suggests: → Bottom likely not in yet
Many people are going to get trapped thinking we are making a double bottom on Weekly TF on bitcoin:native , but it's not what you see. Should i share and give analysis on why 60k is not the bottom on bitcoin:native ?
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There is literally zero liquidity to the upside on bitcoin:native while downside clusters are heavy Expecting 63-64k
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Expecting something like on bitcoin:native for FOMC
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Aggregated spot orderbooks are still heavily stacked with asks with negative imbalance here on bitcoin:native Expecting lower
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There are still many longs opened on bitcoin:native which can get flushed this week during FOMC
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Someone has set a 1k bitcoin:native sell wall just above the current price
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Some shorts were entered here on bitcoin:native which got squeezed Expect some sideways move here
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Most of the liquidity is present below the current price on bitcoin:native , which will get swept this week
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All the liquidity is sitting to the downside on bitcoin:native , expecting a flush this week
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Some new shorts are coming here on bitcoin:native but they are not able to push the price lower More bullish than bearish
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Waiting for FOMC reversal on bitcoin:native
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Currently I’m watching this two different paths on bitcoin:native for FOMC
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Some longs have entered here on bitcoin:native but they are not able to push the price higher Expect some sideways move here
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Currently we are getting some local bearish divergence here on bitcoin:native Avoid any longs here
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bitcoin:native is pumping ahead of FOMC Trap is set CC: @knowledgeimoney
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People are still shorting bitcoin:native with spot buying as well Expecting 68k
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Currently most ot the liquidity is sitting below on bitcoin:native while there is nothing to the upside Avoid any longs here
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People are currently shorting bitcoin:native but price is refusing to dump Bullish
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FOMC can mark a local top on bitcoin:native
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Some new longs have opened here on bitcoin:native just before NY session, expecting a flush
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Some large size sell orders are placed at around 66k on bitcoin:native which will be a area to look for short trades
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