In the BTC/USD 27th Jul. , we are currently positioned at the weekly high volume node, which has generated a noticeable reaction. However, the daily market structure remains intact, without any significant disruptions.
For my long-term trading idea, I prefer to witness a touch of the bottom levels before considering any long positions. The larger market perspective suggests that we are moving towards discounted price levels, indicating potential opportunities for buyers.
As we move forward, I will closely monitor the data prints over the next few days to gain further insights into the market's direction and potential trading opportunities.
Please note that the above analysis is presented in a professional manner and based on observations and analysis of the BTC/USD market.
For my long-term trading idea, I prefer to witness a touch of the bottom levels before considering any long positions. The larger market perspective suggests that we are moving towards discounted price levels, indicating potential opportunities for buyers.
As we move forward, I will closely monitor the data prints over the next few days to gain further insights into the market's direction and potential trading opportunities.
Please note that the above analysis is presented in a professional manner and based on observations and analysis of the BTC/USD market.
Daniel P. Fadejev