Ok guys…The book map shows a ton of orders across the exchanges that appear to favor higher prices in bitcoin which sits around the 62 zone…
Over this weekend we have had alot of manipulative movement which would suggest they are building in this zone and attacking the traders who are waiting for price to go in a particular direction.
What can we expect from this?
Considering it is the weekend…also pay attention to the fact that we have come from a M formation high, two level drops and yet no break down lower…
Are we going to come away from this zone?
I believe now until tomorrow, they will hold this range and prepare price for the asian session…
Remember in the stream last night. They need to close price closer to the open of the week and finish strong so that we can recover the wick from last week,…
Lets see how they play this range ladies and gentlemen.
Mad Love
T
