$BTC
And there we finally have it, the confirmation of the #TCT distribution schematic that can deliver the macro bearish rotation.
We preplanned this price action to absolute perfection inside of the VIP discord and the current aggressive sell-off puts us in a confirmed bearish model.
I believe we have put in the weeklly high and will see maybe a small retracement for a lower high followed by a bearish continuation.
Enjoy the show, it will be beautiful.
As I mentioned in the past few days, #Bitcoin was likely to create Buying momentum to trap buyers & that’s exactly what’s happening now.
At this point, Buyers may get stuck because bitcoin:native has already swept liquidity. In the coming days, I’m expecting Bitcoin to move toward the 67–68k zone.
If the Bearish Flag breaks to the downside, then my next target would be around 54–56k,but we should wait for confirmation..
As for #Altcoins, they are still in a safe territory for now. As long as Bitcoin continues to move within the Channel/Flag, specific Altcoins can keep pumping.
I’ve already booked profits on many altcoins & I still have a few Positions open..!!
#XAUUSD / #GOLD Trade idea
Context:
- Currently deviating the volume area high of the HTF range.
- 5m refined supply in the 618 fib
Model:
- Preferably watching for a model 1. Want the volume profile to move up a bit.
- Red circle low below = target.