Monkey-D-Dragon

BTC Bottom before halvening

BYBIT:BTCUSD   None
Simplicity is key

VPVR can lead the way - very simple - in a downtrend where is support in a highly traded area? - NO - support is not in a highly traded area because a of trapped traders or longs looking to exit at entry - Where is support? untapped liquidity.

We look at the VPVR where is the current most area for a liquidity ? 7600 to 7800 - at this level what do we look for in confirmation? a stacked deck of shorts - funding on bitmex will be your golden ticket, low or negative funding a little sideways and boom perfect entry for long into halvening with potential 100%+ returns.

Now there is a 1 more area at 6800 which I highly doubt will be reached but with the stock market doing what its doing is a possibility - Current plan - SHORT everything above 9k everytime it goes there and long 7600 to 8200 as 8200 does have a liquidity gap.

Good luck and happy trading - Oh and btw 7600 seems to be the golden pocket too :D

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