Prediction evidence

sw

swarmik

@swarmister

$BTC I'm bearish, but the local bottom is almost reached. According to one of my liquidity indicators, I see a cluster in the 63,500–62,500 range. The upper part has already been taken out, great. But below, there’s still liquidity from those guys who jumped right into the market after reading the news about the “peace deal” and ideally, we need to absorb all of that liquidity to continue the uptrend. In my view, the rally will be capped around 69k, with a possible breakout to 71–72; this would completely absorb the FVG on the daily timeframe, but even that is very optimistic in my opinion. From 69k, I’ll start building a short position down to 45+-