Bitcoin
Short

Bitcoin (BTCUSD) - The Chicken Will Come Home To Roost

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From the week of 16th Dec 2024, we have been trading up and down within that weekly price range and the longer Bitcoin does so, the bigger the explosion; whether it's to the upside or downside.

I am anticipating a sell-off down to a macro equilibrium point which is $88,000 as the first macro draw on liquidity.



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Mid-week price analysis

Very tight range below 100k with the potential for a explosion to either buyside or sellside

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Weekly overview

Spent all week trading in a discount to the 7th Feb 2025 wick.
A lot of indecision this week

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