$BTC

📊 New Day, New Data

New weekly lows today, but bears look a little exhausted here. Let's dive in 👇

Price:
Creating a nice accumulation model while RSI over extended and printing a nice 4-hourly bullish divergence.

I'm expecting at least a little relief pump from here, ideally after we took out the refined 15-minute demand.

Time (monthly):
✅ 2% chance to take out the monthly low
❌ 77% chance to take out the high if the low holds
⚠️ 90% of monthly lows form later
🟢 Bias: bullish

Time (weekly):
✅ 14% chance to take out the weekly high
❌ 87% chance to put in a new low if the high holds
🔴 Bias: bearish

Distance (monthly):
✅ 29% chance to take out the monthly low
❌ 100% chance for more displacement
🟢 Bias: bullish

Distance (weekly):
✅ 26% chance to take out the weekly high
❌ 100% chance for more displacement
⚠️ 94% of weekly highs have a bigger wick
🟠 Bias: neutral

Plan:
I’ll look for a clean LTF reclaim out of demand to join higher. If supply holds and we fail to make a fresh weekly high, I’ll stand aside or look for shorts back into the range.