Ok,
Lets make the assumption that bitcoin breaks down…
What reasons do they have to go lower…? Tell me in the comments…
What has happened in this chart?
Do not state the obvious…I want to get you to engage with your understanding of what the market maker is trying to do?
What can you see in this visible range that leads to the narrative for them to break down price?
Now there is and will always be room for a stop hunt…So always keep that in mind…What would need to happen for the price to make its way to the upside and take out the liquidity (induce traders to go long)…?
I have also attached the chart earlier on with regards to the premium and discount ranges.
Lets see what Asia brings.
Mad Love
T
