$BTC Going into the next week, I'm observing these two scenarios that are likely to play out:
The first scenario is where we reject from the Daily FVG / Weekly Bearish Continuation region between 64.7k-65.7k. This area is currently a major liquidity pool, and I expect it to be taken out.
If we manage to reclaim 65.7k, then a push towards 68.2k will come into play. That level is where we have the current Quarterly Open, and a rejection from there is quite likely considering we dumped aggressively at the start of the month.
Whenever we see an aggressive move on a Monthly Open, whether it's a pump or a dump, we usually see some form of pullback or accumulation around the middle of the month before continuing in the broader direction.
That's pretty much what I'm expecting to play out this month. #BTC Price Analysis# #Macro Insights# #Altcoin Season#