Victorious11

It's normal for $BTC to stall here
It's the year-to-date PoC (yellow line)
And the range PoC (red)
And the previous month PoC (blue)
And the PoC is the level where buyers and sellers are equally strong, so none have the upper hand to push price past it or back below it

Why the hell is $USDJPY trading like a shitcoin 😂

$BTC at YTD PoC
Last time it acted as the resistance that sent us to $58,000
Will it act as resistance again or will we see an S/R flip here?
Place your bets in the comments ⤵️

$BTC at 67.3k next or the market is wrong
Yesterday I said that that sweep was the top
Well, it wasn't, because VAH got flipped to support after it was resistance
Which is the sign of a VA breakout which usually leads you to range highs
Strong opinions, loosely held - always

Such an evident top here on $BTC in my opinion
✅Previous week high + equal highs swept
✅4 consecutive hourly SFPs of that level
✅Above VAH where shorts are EV+
✅Sweep-the-sweep pattern on H1
✅m30 break of structure
Next destination: range PoC at $63k 📉

Will range VAH act as resistance again for $BTC or will we finally see a breakout? 🤔
It's now the 3rd time we rejected this level, 5th if you count the other 2 rejections from where VAH was back then
However, every low printed by the rejection was a higher low - breakout next?

Good CPI data + risk assets pumping = bullish bias, right?
No, once you put things into context. $BTC rallied 3% in the last 4 hours, but this pump lead us to a HTF resistance, the VAH of this current range
This is where you should look for reasons to short, not long the top

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Let's close the week together by analyzing what $BTC and the rest of the market did this week, as well as prepare for the week ahead 📈

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