flockoo

btc update 7/30

Short
BITFINEX:BTCUSD   Bitcoin
this range is a really tough draw for me to choose, we're clearly uptrending but also showing major signs of weakness...watching wyckoff schematic 3 for distribution here, a sweep of 8050 and bounce abv 8.3 would be strong bull, a sweep of 7750s and below would make this even more realistic. ultimately we havent had the serious thrust on the higher TFs id like to see ideally for btc this should come within 8.5-8.6 area or 8.8-9.2 area but keeping it simple and clean here. boxes are where i would bid, 8050-7975 and 7750 and below, stop 7.4. Running perps short -8225 right now.
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