David Stavaa

#bitcoinfallsover50%fromoctoberhigh $BTC The 50% Drawdown & The Macro Reality While retail traders view this as pure panic, the institutional market structure shows a calculated wave pattern driven by smart money: The October Peak Execution: Heavy institutional distribution was completed around the $126K+ macro top. The Liquidity Hunt: Retail support near the $70K area was heavily engineered to build liquidity, followed by aggressive sweeps driving price into lower demand zones. The Current Reclaim Battle: Bitcoin is currently fighting to defend key internal order blocks within the lower structural ranges. Crucial Structural Levels (Macro Matrix): The Line in the Sand: $60K–$62K (Reclaiming and holding this psychological level is mandatory for structural reversal). The Lower Demand Pool: If the monthly structure fails to confirm a bounce, macro downside pools near the $50K–$53K imbalance zone remain open targets. Capitulation Shadow: $45K–$48K (A final, extreme retail washout could wick into this liquidity block before full recovery). Execution Playbook: Despite the heavy correction, the broader cycle is intact. Amid ETF capital rotations, the strategy remains strictly focused on spot market scale-ins without trying to guess the absolute bottom. Whales accumulate quietly during structural washouts while retail drops their coins in panic. Let the higher-timeframe candles confirm the fina structural shift. #BTC