$BTC
After forming the top around 82k,
Price has been falling since and is not respecting any major support level that gets in the way.
We have swept pqL (60k), and now bouncing back above.
If you see in the chart given below, you will notice that liquidity is slowly being built on the upside.
Which price is definitely gonna take out sooner or later,
But before that it's also possible for us to get a sweep of 58k.
Then target the higher side liquidity,
The two key levels that I am watching above rn are,
qO (68.2k)
dPOC (70.5k)
I don't think price will go higher than that and we are most likely gonna reject from there.
And continue the leg downwards into the low 50s,
Capitulate there with 3-5 weeks of consolidation then start the bull run.
I am in longs and will add more when we go at 55k,
These are my long term hold and idc about what price does on the LTF,
I will take some scalps when the time is right but for now, it's just my long term bags.