BTC- BOTTOM FOUND? Where would I buy fearlessly?
Long Term, Scouting/Hunting for the Absolute LOW on BTC,
Bitcoin is considerably low right now, I do not see us getting close to this level but rather piercing it after we sit sideways in the future, we will likely see a retracement pretty heavy soon to the upside to create liquidity.
I would have limit orders set in this region if/when we approach these levels, first zone marked below at the absolute sniper of last BTC Blood Season, you will likely need a limit order this time around,
Reasoning behind the level is simple,
1. Monthly Higher Time Frame Demand Zone
2. Break of Structure
3. -RTO-
4. Target Buy Level is inside Accumulation
5. Imbalance
6. Risk to Reward Prime for BIG Funds to Manipulate Price and Wreck Sellers.
Will be looking to take targets to premium level marked above,
Good Luck!~
Bitcoin is considerably low right now, I do not see us getting close to this level but rather piercing it after we sit sideways in the future, we will likely see a retracement pretty heavy soon to the upside to create liquidity.
I would have limit orders set in this region if/when we approach these levels, first zone marked below at the absolute sniper of last BTC Blood Season, you will likely need a limit order this time around,
Reasoning behind the level is simple,
1. Monthly Higher Time Frame Demand Zone
2. Break of Structure
3. -RTO-
4. Target Buy Level is inside Accumulation
5. Imbalance
6. Risk to Reward Prime for BIG Funds to Manipulate Price and Wreck Sellers.
Will be looking to take targets to premium level marked above,
Good Luck!~