MacroTradingE

week4 / march / wyckoff view

COINBASE:BTCUSD   Bitcoin

매매일지
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if y don't understand "why" , "what" won't matter.
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poc 56662
monthly vwap 54
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so supply pop and there is more supply to come.
possible one of this 2 path
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note

people talking 35k btc right after saying 65k btc huh?
stay poor
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supply came out, think we will go lower to 48k ish
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supply gone, what a trick show . following red path
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BTC consolidating on POC, NY OPEN 1min
Bring the squeeze.
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squeeze done lol
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EQ Low taken, EQ High next
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what's next : short squeeze up to 56
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alt wknd ahead. shake out all weakhands, bring more pain to late longers,
make shorters happy, alt run, suck it and btc runs after.
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lots of shorts are offside, so i bet we squeeze up first.
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note

btc had 12 dips in 2017 (-10% to -25%)
And 6 major corrections (-30% to -40%)

In total: 18 pullbacks

But you can bet every retrace was met with calls for a new Bear Market

Success rate of those calls?

1/19

Only 5.2%

its 6th pullback in 2021
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another liq cascade on the way.
holding longs stops on b.e
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dips for buyin
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not sayin, its going to happen. but something to be aware of whoever on high lev longs.
i bet we go higher soon.
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Trade closed manually
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