We are looking at weekly and Monthly BTC beeing in a key level. waiting for a reversal here
As we can see on the daily TF, every, i mean every bullish fvg is respected and gave a potential buy oportunity. Now that the last fvg was ignored, we change the bias to bearish and waiting for a retracement in the bearish fvg for a possible entry
we may see a power of 3: consolidation, manipulation, expansion on the daily tf
waiting for a liquidation of the sell side liquidity and reject upper in the PoI's. Or move past the SSL and get a rejection with confirmation in the daily PoI/orderblock There is plenty of liquidity to be taken on the buy side. lots of equal highs. Another confluence to go higher, we have a CME gap at 29.1-29.5 area
A simple view for BTC and a viable scenario Just by the book acumulation and distribution of the Wyckoff theorem