BTC MTF PA and key supports

17 апр.

as we can see in the MTF, there was a change of character indicating a MTF reversal into key levels indicated. these levels were found using the weekly FVG. upon retest, i believe we can see a rally into new ATHs. this dip also did a good job at "Flushing" all the paper hands and completely obliterated open interest (OI). it is also important to mention that BTC is now trading at a spot premium, which is a very good indicator to monitor local bottoms. therefore, i believe we have or very close to bottoming.

Credits to @MoneyTaur_ on X