🔥👀Pay close attention:
Welcome to the daily analysis🗣️ $BTC
¡¡¡¡First of all, let me remind you that WE ARE STILL ON THE DECLINE!!!!
And what about this comment?
¡¡¡The risks increase when we don’t have it clear!!!🫡
Now yes! To what brings us👀👍
Since the last strong hit that BTC had from its peak, 14 days have passed!
And the market still hasn’t finished consolidating the correction of that movement! 🗣️Fibonacci establishes a correction of 1/3 after each strong movement in a trend (this is a theory, not a golden rule, because things can change at any moment)
Let’s analyze🥸
We still have a bit of correction before continuing the BEARISH trend!
That liquidity map shows high volume in the 94k zone
And with this, it would almost fulfill the structure!
So! Yes, we are saying it will go up, but to gain strength in the trend we are in!
Be alert with this!
My strategy at this point is not in futures! Why? Because I’m not interested in risking what I’ve already earned! I’m looking for the best points to sell and grab more below!
Watch out for this.
If this doesn’t happen and just goes down⤵️ in the next few hours, for me, it’s perfect.
My advice right now, don’t even touch futures
Don’t be part of the liquidity.
EXTRA DATA:
Funds are decreasing their market exposure as cash flows have been lower! So it’s most likely they are waiting to sell at the highest price they can!!! This doesn’t mean they expect it to reach a peak! Just trying to take advantage of the movement!
That’s it for today’s axolotl, greetings to all.
