btc 12-15 update pt.2

good afternoon,

keeping this real simple.

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solid traps today for both the long and short side.

i think we're going to see one final trap before we rise.

i'm sticking with my downside target which sits in the local golden zone at 44.6k.

that is the only area i'd be willing to long (safely).

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long 44.6
🎯 57.1

💸

Comment:

just wanted to be clear, i am Not shorting this move

If it happens, I will happily long it - otherwise i'm sitting this one out until the next high probability trade setup.

I personally don't care about missing trades, can't catch them all anyways.
What i care about most, is catching safe trades.

Comment:

just wanted to say, if my primary idea doesn't work out, then there's a good chance that the bottom is in - and we've begun the mean retracement.

potential targets for it would be between 51.8~58k via the same scenario, but with the bottom being in

Comment:

and if the bottom is indeed in, then it'll look something like this >

Comment:

here is one more piece to the puzzle ~

usdt.d (tether dominance) is about to print a 1\3h algorithmic buy

you can see at the top of my screen the last few times it called out this buy (when the white \ purple wave got into oversold + it flashed green. it isn't confirmed as of now, but we're very close.

usdt.d pretty much inverses what btc does - and you can think of it as people moving crypto->>tether during corrective phases to protect their capital.

Comment:

Starting to layer in short right here.

4h sell signal confirmed overnight, and we haven't budged from beneath this 100% extension. i think it's gg

Comment:

we're close ladies & gentlmen