Since my last $BTC review, price swept liquidity in the $67k-$68k range, then Trump news sent it into the FVG test ($71.6k-$73.4k), where multiple manipulative moves took place before price dropped back to the ~$68k area
Where to next?
After sweeping liquidity in the FVG, the market showed a strong reaction, confirming the SHORT liquidity flow. At this point, I’d like to see a drop toward $67.3k with a hold below that level. After the hold, I’d expect a retrace to $68k-$69k, where I’d be looking for a potential entry
What invalidates my idea from here?
My idea is invalidated if $72k is reached and held above. After that, considering shorts locally would be risky - we need to wait for more market information.
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