BTCUSDT Perpetual Contract
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btc 7-10 update ~

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good afternoon my peoples,

in my last few posts, i talked about the possibility of seeing 23~24k before seeing a big pivot downwards.
here's how i think we can potentially get there.

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as of this moment, shorts are out-weighing the longs.
1h hidden bullish divergence is present
1\3h stochastics have entered into oversold.

btc has come down in what looks to be 3 waves:
快照

demand wicks are present, and there is an 11k long block acting as support.

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cpi data in 3 days is a total wild card.
if that data beats expectations, we will see a significant short squeeze in the days ahead.
the full moon will too support a significant rally - potentially higher than my current expectations.

if that data fails to beat expectations, then i don't think we will see the local highs taken out, and btc along with the rest of the market will move straight down to the targets i have been discussing recently.

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ps. i am still looking for lower prices after this push up
👇
"hope".

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