public publishing of previous ideas. BTC

current outlook is net short, expected resistance at 42k and rejection subsequent, or contnued breakdown to monday; possible fakeout on the supply line.

confident in 42k eom , no confident in a hold, confident fall / ladder down to 20k levels, skeptical if sooner than later.



all posts will be publicly forwarded from now on.

Comment:

we may be entering a backtest level which if successful in finding support (current date and time of posting 4hr reversal) which would lead imo to 42k rally

will keep posted.

Comment:

Nevertheless; ^ with the above being taken into consideration, if this backtest breaks down then this would lead me to believe that targets were achieved, but only in the 40k range and we are going down for a rangebound test.

Comment:

we may currently be at (1), how high (2) rallies to from current daily candle close (17 june) will determine what initial analysis predictions come to fruition.

current sentiment is that this increase in price could trigger a massive shortsqueeze; see current open contracts / size would be my reccommendation for market health.