Bitcoin (BTC): First Signals Of Weakness (Possible ATH For Now?)
2024-11-15

Bitcoin seems to form here a local top while we are slowly entering the weekend market. 

So far this week we had more than great moves on Bitcoin, forming new all-time highs and breaking each and every zone without any re-test. 

From here on, we see it would be ideal for Bitcoin to have some kind of correctional movement, so that's what we are waiting for. 

As soon as we see a break from our entry, it will signal a confirmed MSB on the markets, which should lead price back toward the CME gap ($76K), which would also result in a huge liquidation of $10B.

Swallow Team