BTC those we dont speak of

Jun 26

Many people are extremely bullish on BTC. I hope they are right. I hope the market moon shots and blesses us all. However, the TA is showing some signs of extended range.

A lot of times you will see liquidity recaptured on lower timeframes. The hard fact is it happens on the large timeframes as well.

We are currently rejecting from a large bearish breaker block (ive circled).
We have nice confluence of key levels below at 42,650 = 618 of the current move from 25k to 71k fib pull, and we have a nice range point of control at that same level.
Notice all of the liquidity built for shorts here.

I do believe markets are manipulated and extended into political spheres like Nov.
I hope this idea is horribly wrong but it makes sense to post it bearish given the early BTC jump before the halving and yet the alts have given most profit over to meme tokens.

Maybe we find a laser focus and blast off soon but as it is I cant help but see some bearish signals.

But remember Im a nobody and I only draw cartoons.

Not Ever Financial Advice.