Bitcoin is looking for more downside .
We had a shift in market structure Back in the 16th of December Which Means we could see a new quarterly Shift .. Looking back 20 and 40 and 60 days from the 1st of december .. The institutional order flow was bullish And since there is a shift in Market Structure we cast forward 20 , 40 and 60 days . We expect to hunt those Sell stops aka " Open float " We took out an short term daily high which has Buy stops resting above it and we are also currently in a premium market I expect us to fill the fair value gaps and there is a bearish order block on the 4 hourly time frame.. Notice how we are going up when market opened ? This is the accumilation part of Power of 3 on the weekly candel.. There is also big news this week .. the CPI on thursday so expecting a decent run.
Im shorting at 17300-17800.
Stop loss at 18450.
Take profits
1-15900
2-15k
Im shorting at 17300-17800.
Stop loss at 18450.
Take profits
1-15900
2-15k
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