Bitcoin surged 30% in ten days from 62,500 to 81,261 dollars, and has since spent three days easing back, making both lower highs and lower lows.
Price set a new high, yet the gauges of buying strength weakened on three separate charts at once, and that high came on just 41% of the prior advance's volume.
The stop sits at 81,500 dollars, just above the prior high of 81,261. A close above that line erases the evidence of fading strength and this call is wrong.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
