Prediction evidence

Ge

George

@George1Trader

#btc Two months later, still holding above blue demand. Classic when you get some red candles everyone straight away starts talking about new weekly lows, so here's my view on the HTF. Do I think 40k is impossible? Definitely not, anything can happen. But people already talking about it while we're still trading above $70k feels a bit exaggerated. Even when looking at the htfs it's still level after level and in between here and $40k, there's a lot of levels... Key for me is the weekly range low at $74500, basically where we're trading at right now. If we break back below (weekly close), it confirms a deviation above and I think we at least sweep some lows into high 60k's, potentially lower into blue. Where do I flip bullish again? If we reclaim that level again at $74.5k. Where do I start targeting sub 50s? We haven't closed a weekly below $65.5k ish and that lines up beautifully with our local range lows. Close below there confirms a break down of the range and then Ill be looking at weekly liquidity sub $49k. Let's see what's next.