BCDtrade

BITCOIN weekly Bias/IOF

Short
COINBASE:BTCUSD   Bitcoin
A lot of speculation going around FOMO as fear of selling at the wrong time. Taking a look at the monthly IOF ( instiontional order flow).we have no reason to think we in run for 100k? Or so.

Price inside the monthly FVG and reacting to That following the TOP DOWN analysis from the weekly to daily it show price we in for drop to 17780-14198(BISI).

in long run I see us going below 3288 level but this will take time.

My last Post did talk about how we reacted to the monthly FVG. We can see how price is fracter on all Time frame. We have a weekly FVG on Weekly. random isn't? Is it just all about FVG at least all FVG isn't FVG that's we can take trades just base on a FVG we need to have a sound logic behind it to make it high probability.we need more Intel(PA). that should be available on Daily TF as we doing Top down analysis.BINANCE:BTSUSD

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