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[symbiote private @cryptosymbiotep]

symbiote⚫️

[symbiote @cryptosymbiiote]

$BTC

Sharing unpopular thought: "bottom is not in yet."

You'll thank me later

[symbiote private @cryptosymbiotep]

symbiote⚫️

[symbiote @cryptosymbiiote]

$BTC

The moment we retest 67K and confirm rejection of this 1M imbalance, that'd be easiest swing short ever

You can already see how each pump becomes weaker

This setup is hard to ignore

[symbiote private @cryptosymbiotep]

symbiote⚫️

[symbiote @cryptosymbiiote]

$BTC has formed huge falling wedge here

But breakout won't happen until we get final sweep

So still can't believe half of people are blindly bullish, betting on $100K right now before 50K

My conviction hasn't changed

Every macro reversal began with sweep below obvious lows

[symbiote private @cryptosymbiotep]

symbiote⚫️

[symbiote @cryptosymbiiote]

$BTC never closed August in green

3/3 of last bear markets

This time won't be different

[symbiote private @cryptosymbiotep]

symbiote⚫️

[symbiote @cryptosymbiiote]

$BTC

Not particularly bullish PA we can see here

Even that we hold 64K support again, it's only a matter of time to break this support and get those EQLs targets lower

Especially when we typically see a negative reaction after FOMC

Buyers are fading.

[symbiote @cryptosymbiiote]

Interesting how $BTC is pumping into FOMC meeting right now

That usually was a huge bearish sign

So I would wait for a rejection from 1D FVG here and then finally take lower liquidity at 60-62K zone

Respect the tape

[symbiote @cryptosymbiiote]

Good Morning🕷

Big day today.

[symbiote @cryptosymbiiote]

$BTC

We were unable to flip the weekly imbalance again, which resulted in testing ~63K right now

When you see such strong resistance rejections, it's not a question of whether we go lower, it's the question of when

Most likely scenario is heading into ~60K rn

[symbiote @cryptosymbiiote]

Citadel Securities expects the Fed to raise rates at the FOMC meeting tomorrow

Don't think we'll get it

[symbiote @cryptosymbiiote]

$ETH

If we close below BOS today, it would suggest a further dump to take lower liquidity at ~1,5K target

However, it depends much on BTC cause it remains main driver, as ETH continues correlating in line with its macro structure

[symbiote @cryptosymbiiote]

~$400M long liquidations in the last 12H

GM, I guess🕷

[symbiote @cryptosymbiiote]

$BTC

Simple swing short setup here

If we're retesting that 4H FVG and close below BOS, the only next target left to take is EQLs

Entry ~64K

Target below 60K

Everything will be documented publicly here

[symbiote @cryptosymbiiote]

Observing huge rejection from major resistance trendline on USDT dominance right now

That might be bullish for $BTC short-term

[symbiote @cryptosymbiiote]

$BTC

We are still trapped between 200W SMA and Bear Market resistance on 1W right now

There are choppy weeks ahead

[symbiote @cryptosymbiiote]

If you didn't get my $BTC bias yet, I am sure we are taking 67K liquidity first and then dumping hard

That might be my biggest swing short ever

Entry 65K
Target 50K-55K

Think we will bottom there

[symbiote @cryptosymbiiote]

$BTC

It looks like we have formed a bull trap here and are going to take those EQLs at ~61K

If we fail to hold that level, I'd wait for trend to continue down to 60K and even lower to ~55K

With bottom somewhere between 50K-55K

[symbiote @cryptosymbiiote]

Everyone suddenly forgot that each $BTC macro bottom was marked after S&P500 correction, followed by a massive IPO

And that correction hasn’t even started yet

[symbiote @cryptosymbiiote]

If today $BTC closes below BOS and price accepts under it, I'd expect continuation into the EQLs

But yeah, still think we're gonna sweep 67K liquidity

[symbiote @cryptosymbiiote]

Timings are timing perfectly

$BTC is coming to the same historically oversold valuation zone that marked the last three macro bottoms

[symbiote @cryptosymbiiote]

$BTC

Liquidity above has largely been take

Now we got rejection back into the wedge which likely means we'll go towards testing supports below

Plus more liquidity now formed to been taken lower

Connect the dots