BTCUSD Back from vacay to people calling the end of times. Wyckoff clearly failed, my buys are still sitting at 92.1k. Waiting for this wolfe-wave to play out!
BTCUSD Weekend inflows/outflows for ETFs will set the tone for the first couple of hours. Last week was record week for inflows. If that trend continues, that should put a floor under BTC and maybe set up a good bounce from here.
My question: If ETFs are having record inflows, who is doing all this selling in the overnight markets?
BTCUSD A fibonacci retracement from the lows in august to the high in December would be 0.618 to 73k. Even if this is not the beginning of a bear market, and it's just a 'bear trap' there could be a lot more pain coming.