> Big MA cluster around $8150-$8550, no sustainable pumps into this area till end of December +. > Funding & premium been consistently negative this week (bear break) > CME gap $7800 Action: 1. Short HTF breakdown of "This week" 2. Short CME gap
#Bitcoin mid-term prediction Trend is still re-setting from $14k pump. I'm using recent price action > old price action - therefore $6xxx levels are mostly ignored. CME price inefficiency in these levels adds confluence to this view. $5100s is the definitive bottom for me. Ton of confluence packed into one level: - Double monthly VWAP - Price inefficiency...
#Bitcoin mid-term prediction Trend is still re-setting from $14k pump. I'm using recent price action > old price action - therefore $6xxx levels are mostly ignored. CME price inefficiency in these levels adds confluence to this view. $5100s is the definitive bottom for me. Ton of confluence packed into one level: - Double monthly VWAP - Price inefficiency...