New week outlook for Bitcoin

The white circle is the area to watch, but here's the basic breakdown of what to expect this week using the hybrids system of trading like a market marker .

  • 38k needs to break if we're to run to 40-42k
  • trapped traders either side of price
  • a HL around 50% asia and the marked LIQ levels would have us believe the breakout will be up
  • A break of these levels and the 200 ema then a retest would have us think the break out will be down

Some may have already shorted the M from US last night into UK today, this makes sense. You'd just be watching 50% Asia from here to decide if that was the right choice.

Massive liq levels: 32,900 - 34,000 & 42k. This means you want to get this trade because the target either way is a great one!

Remember US closed today so price may be not typical.


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