Symbiote🕷
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پستهای کانال
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
| 2 | 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 | 241 |
| 3 | 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 | 336 |
| 4 | $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 | 356 |
| 5 | $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 | 407 |
| 6 | $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 | 465 |
| 7 | 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 | 632 |
| 8 | 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 | 552 |
| 9 | Compression -> Deviation -> Dump -> Repeat
$BTC
https://x.com/cryptosymbiiote/status/2089463770074550399 | 518 |
| 10 | 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 | 414 |
| 11 | $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 | 332 |
| 12 | 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 | 321 |
| 13 | 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 | 379 |
| 14 | 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 | 368 |
| 15 | $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 | 381 |
| 16 | The final capitulation is coming.
$BTC
https://x.com/cryptosymbiiote/status/2087603792611082687 | 403 |
| 17 | 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 | 451 |
| 18 | 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 | 465 |
| 19 | 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 | 400 |
| 20 | Every previous $BTC bullish stochastic crossover from oversold on 6W marked the end of a bear market
We've entered same bottom-forming zone right now
https://x.com/cryptosymbiiote/status/2086760555755315363 | 381 |
