Symbiote🕷

Next 3 weeks...$BTC https://x.com/cryptosymbiiote/status/2097082725031162348

Each time $BTC had ~$700M+ ETF daily inflow it resulted in ~30% dump in the next month Wondering if pattern holds here https://x.com/cryptosymbiiote/status/2095914432819798164

Very important post... $BTC That's the first monthly close above bearish imbalance for the whole macro bear market downtrend We got two before, perfectly rejected and went lower But technically speaking, we still can't talk about reversal, cause we closed monthly below previous high There is a saying, "trend is your friend", so we must see downtrend continuation, which is likely testing ~67K-70K support zone (previous resistance) That would be a key POI to observe https://x.com/cryptosymbiiote/status/2094965970649715082

Throughout the entire $BTC history, we have consistently bottomed as a deviation below 0.786 level each time If current PA follows same pattern, we are going lower https://x.com/cryptosymbiiote/status/2094191406201872836

$BTC Forming pretty textbook bearish divergence here Might be a reason to break below 76K BOS level here and then dump below to inverted mFVG Let's see how it plays out https://x.com/cryptosymbiiote/status/2093840597010247929

$BTC My current market thesis We are still failing to close above CME gap, so technically speaking, the structure and trend have not shifted until we flip 83K Last time we saw exact setup, it resulted in ~30% dump And I can't ignore fact that we didn't have proper capitulation event, fear and we are still early in terms of cycle timings for bottom This is just an analysis based on HTF structure After which you can already tell that dump to new lows, let's say ~50K-55K seems pretty logical to me from all perspectives Market can't stay irrational for too long https://x.com/cryptosymbiiote/status/2093036617183478067

$BTC Looking for a distribution to form here over this week, but first we need to squeeze early shorts right now It will likely form through a deviation in current bigger range Then we'd have a perfect setup for correction https://x.com/cryptosymbiiote/status/2091906688076935663

2022 vs 2026 bottom formatiom.. $BTC We can see mirroring structure pattern here with an identical range sweep and dump to previous lows after that Nothing to be too bullish about yet https://x.com/cryptosymbiiote/status/2090463857105895921

It was obvious for $BTC to take mFVG at ~69K eventually, now we're retesting bear market resistance band That's where we reject and go lower https://x.com/cryptosymbiiote/status/2090138700009075052

Compression -> Deviation -> Dump -> Repeat $BTC https://x.com/cryptosymbiiote/status/2089463770074550399

Interesting divergence here... $BTC Open interest is at a 1-year breakout while price remains inside same compressed range Wouldn't be surprised to see a leverage flush into compression before the move toward mFVG above https://x.com/cryptosymbiiote/status/2089411950073528637

$BTC POC is sitting at 64K with volume increasing at highs of this 2-month compressed range That tells us we're seeing acceptance near range highs Which on LTF points to a retest of mFVG, with or without taking OB or compression below first https://x.com/cryptosymbiiote/status/2089344533867745314

We’ve just closed 5th $BTC weekly candle around the same weekly 200MA, all within a ~4% range This usually means a large liquidity sweep is coming https://x.com/cryptosymbiiote/status/2089114708540371240

For those bottom-is-in thinkers.. $BTC If you're waiting for Q4 for bottom to come quietly, without any final flush and legacy market correction It's not a plan, it's just a comfortable bottom for you We're sitting at -50% from ATH, no fear, no capitulation, no "we are going to zero" sentiment, anywhere close to 2022 No macro bottom ever comes this easy At some point, S&P 500 must correct and if BTC is already this weak while equities are near highs, what happens next? I don't say we'll dump to 30K or smth But I do think we still need final liquidity event that forces late buyers out and lets whales use people's liquidations to accumulate large positions That's why once this SPX correction hits, I'd expect a sweep below 55K to form bottom at ~49K-54K area That seems like a logical zone where ppl starts extrapolating lower again and it'll be like 10K target with 15K bottom in 2022 The most interesting part is still ahead https://x.com/cryptosymbiiote/status/2088682910878716168

Decided to check LTF and saw we formed a bearish H&S pattern You all know what's coming next... $BTC Get ready for a further dump https://x.com/cryptosymbiiote/status/2088399460619501985

$BTC From a purely structural standpoint, there's nothing bullish right now except monthly imbalance above We're just ranging and clearly targeting liquidity on both sides So after it happens there, it's just free fall https://x.com/cryptosymbiiote/status/2088322187891478985

The final capitulation is coming. $BTC https://x.com/cryptosymbiiote/status/2087603792611082687

2 of 2 last CPIs got us a ~7% $BTC pump We would have third one today Wondering if we repeat it https://x.com/cryptosymbiiote/status/2087516084010176686

It was always obvious in hindsight... $BTC People just don't want to believe it's happening And eventually, when everyone realizes it was playing out all along, it'll already be gone https://x.com/cryptosymbiiote/status/2086936467410968968

Are you still bullish... $BTC We didn't manage to flip the 65.3K weekly high, got rejected from it, and are now moving to test another pivot at 62.7K If this one fails too, I'd expect price to clear compression below That puts 59K-60K as next target https://x.com/cryptosymbiiote/status/2086878364279751153