Going forward
Next i think we get a -50% correction with multi-weeks of chop (since we only got -17% on mc / -20/30% on alts)
Btc: 106-107k (110k max)
Total: 4T
Total2: 1.8-1.9T
Total3: 1.3-1.4T
Others: 500b (max 540B)
Usdt.d: 3.35% (max 2.60%)
Others.d: 13.50%
Btc.d: 53-52%
LTF plan.
Only conflicted about where 4 will land for the scalp-long.
Confident on 79100 but also think could front run and do 79500. Will be aggressive on tp’s.
82,600 will be the ideal third drive for the temporary local top as we end the month.
You wanna take a short at $82,600-$82,800
and target 1: $73,300 (to which we’ll probably bounce back up to $79,800)
and then full target $70,300.
That’s where you full long.
Short your respective altcoin at the btc zones if you want.
Setup is valid unless $84,400+ is taken.
@cryptolala The ugly 80.5k rejection we have is telling so far - so i think your 3rd drive idea will play out but from lower at 76.7k to 82.6k and then back to that 73k zone you’re eyeing up.
$BTC Aggregated spot orderbook depth delta I've been posting about stayed positive for a prolonged period while price was bottoming.
Now, after the big pump, it has flipped negative.
That doesn't mean dump now. These shifts take time to play out and can reverse.
The important part is that the orderbook regime has changed.
Now we watch. I'll keep posting how it develops.