Short

$BTC does it have enough steam to break 9800!?

Macro pattern view.

2D perspective we have 3 bands (resistances) above us.

Mid @ 9400
Green @ 9480s
Top @ 9790s

If we get more upside, this visual shows you how capped we are. If we happen to get above the 2D green band @ any close then our total band structure will shift into bull territory.

I am expecting 95-96s to offer some sort of slap down

Its a 2D timeframe, if it turns bullish, we are going straight for 10500s-11ks.

As of now nothing has changed, scalp longs, swing shorts until i see a pivot up. Bands have been on a down trend since mid may. We have yet to make a higher high.

Will post a normal price action chart shortly.

Conclusion: Macro bearish & expecting 8ks to hit on our next macro dump unless 98s is reclaimed.

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mlouca

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