Weekly. We just came off a bearish weekly Order Block.
Expect major downside from this level.
However, Macro we are in bullish structure with nice OBs below.
Market Structure has changed, after hitting weekly OB.
However, Breakers show signs of being powerful still.
Look for ...
Thin price action (void) below
+ Raid into Daily -OB
+ Structure of liquidity above, OBs below.
= DXY Bullish
Expect DXY to reload on OBs below.
Finding short term resistance at BRs.
Reload than smash 99.8
Hindsight look at ICT Theory.
Can ICT it be applied to Bitcoin?
Where could price be reaching, what would be the conclusion?
This analysis is NOT intended for trading, nor is it what I believe will happen. It is simply what I would say and do if this were a typical FX asset I was trading and analysing with ICT ...