morning,
looking at btc miners, and the current wave setup + taking into account the cme futures max pain on december 31st which sits at 46k, i'm going to conclude my theory of this expanded flat scenario into the primary wave 4 going down to the low 30k's into jan \ february to fill the cme gap before we see any new highs on btc.
i'm bearish until we get there, and will short every single pop.
100% bullish after we complete this expanded flat.
i could very well be wrong about this, but i have to stick to my intuition on this one.
ps. i made a video going over this scenario last week on my youtube channel, feel free to check it out if this theory catches your interest.
🥂
looking at btc miners, and the current wave setup + taking into account the cme futures max pain on december 31st which sits at 46k, i'm going to conclude my theory of this expanded flat scenario into the primary wave 4 going down to the low 30k's into jan \ february to fill the cme gap before we see any new highs on btc.
i'm bearish until we get there, and will short every single pop.
100% bullish after we complete this expanded flat.
i could very well be wrong about this, but i have to stick to my intuition on this one.
ps. i made a video going over this scenario last week on my youtube channel, feel free to check it out if this theory catches your interest.
🥂
Comment:
Comment:
video update: www.youtube.com/watch?v=CeRasXjc...
Comment:
longed btc,mir and ftm here just in case we pivot
Trade closed manually:
no more shorts, now we ride up a bit ~