$BTC My Current Market Thesis,

Price is breaking below and moving towards the 58k liquidity cluster that's stacked below,

It also respected the Full Moon pivot and is dumping to form the bottom,

( Basically Full moons mark the bottom ).

Last week we had a very boring and choppy PA, which as I explained was to confuse and get people into making wrong decisions,

We had retail opening longs on that level with stops placed below 58k.

Now if you see, we also got bids placed below that area and those bids are gonna get filled when the longs start getting liquidated.

We will also have sellers thinking it's a breakout and they will start shorting on the break of 58k,

Which is gonna get them trapped below and then we will start the leg up towards to higher liquidity.

Also if you have been following me recently, you might know about the post where I mentioned a June-July pattern that has played out 5/5 times so far.

And now we are repeating the safe setup currently.

Basically what happens is every time, we had a bearish June, it was followed by a bullish July.

Meaning there's a very high chance that we have a bullish July next as well.

Overall in short, this is what I am looking for,

Sweep 58k liquidity > trap sellers > Push higher and clear upside liquidity