BTC weekend pump
2024-10-06

We're finally filling the imbalance we left on the 1st of October.

Things to keep in mind here:
- Time: Pumps like this on a Sunday night have a higher chance of failure
- Volume: we bumped into that top HVN / consolidation that led to the breakdown
- CME close right below us

To the downside I am watching 60k bad lows.

If we flip this level and go higher, we're looking at 65k and potentially a sweep of the 66k highs.

Most important will be the reaction after CME open. 

There is a potential for bulls to fill the gap then resume higher, which could also provide nice long entries, but we'd have to see the gap fill hold first of course.