Bitcoin
Short

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

63
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.



Note
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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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