BTC meltdown
Updated
so if you were to go to your charts and walk out to the monthly chart for BTC you would see that it is quickly approaching some important/ key areas in respects to price action
so from my P.O.V., logically what i was seeing ( nov 21-dec21) was BTC dropping for a correction/ re accumulation, when the price went; so did the masses.... and now pA is just at a free fall due
to the manipulation and fear causing "ones" to jump out of the market
so as i have identified on my chart i have a few areas as to where i think BTC may slow down and/or could show signs of reversal based off the pA from the monthly chart down
to the 4H
as of right now these are just areas that i have been able to identify based off my past trading style that has allowed me to see potential areas in the market where pA could turn around
no technicals were involved when creating this msg
so from my P.O.V., logically what i was seeing ( nov 21-dec21) was BTC dropping for a correction/ re accumulation, when the price went; so did the masses.... and now pA is just at a free fall due
to the manipulation and fear causing "ones" to jump out of the market
so as i have identified on my chart i have a few areas as to where i think BTC may slow down and/or could show signs of reversal based off the pA from the monthly chart down
to the 4H
as of right now these are just areas that i have been able to identify based off my past trading style that has allowed me to see potential areas in the market where pA could turn around
no technicals were involved when creating this msg
Comment
After tapping into the wkly demand zn we do see the start of some rejection, but until we see some bullish prints, we must continue to wait. if pA closes of more than 50% of the wkly demand zn you can probably expect that zn to be liquidated and start to look for the next one below it
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