Bitcoin 4H range. My thoughts

업데이트됨
Bitcoin has been consolidating inside of a range since the beginning of 2022. This range is showing obvious signs of a distribution phase (manipulated highs/higher highs).

Right now it seems like there are equal lows at around 37k ready to be wiped for liquidity. There is also a daily supply zone at 46-48k which I think price is very likely to tap for one more higher high before topping out and moving lower. Now whether 37k gets manipulated first or 46-48k I have no clue tbh but it makes more sense for it to move up to the daily supply before going down to tap the lows at 36k and later 30k. So if I had to choose, money is on 46-48k first then 37k. Now do with that information as you will, and as always, gl traders!

NOT FINANCIAL ADVICE!
액티브 트레이드
Well well, looks like we are finally tapping the highs
액티브 트레이드
Here we go, top is in. See you at sub 30k's
거래청산: 타겟 닿음
Sub 30k's here we are!
Bearish PatternsBeyond Technical AnalysisChart PatternsmanipulationrangeredistributionTrend Analysiswyckoffwyckoffdistributionwyckoffmethod

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