BTC - LTF plans
2024-11-24

3 plays:

1. Look for a tap into 100k, where currently is sitting a lot of resting supply on major spot exchanges. A sell-off after tapping into this would be totally fine and could give us some better buying opportunities if we see leverage longs getting flushed.

2. Test the poor low. Test and not necessarily sweep, because we've seen poor lows getting protected over and over and have to adapt to the possibility of that. Long into the bad highs and possibly 100k.

3. Tap into 95.5-96.5 orderblock. This would be last protection for bulls before that bigger flush would be expected. On the other hand we would already break structure on mid timeframes and have to be careful for a bearish retest.