$btc longs (road to 66k)
Another TP, another local top ✅ And fake Monday move in the works... ⌛️
Alright! TP'd 5 hours ago which again marked another local top...
Keep in mind, how my TP's often reject price, with some rejections fiercer than others, since they are indeed key levels and targets and a response in price is to be expected.
That's because all TP's I take are at liquidity, many people fomo'd long or panic closed short into that so we want to sell into that. And soon after, liquidity gets rejected.
Not always the case, and not enough confluence on its own. But remember we also announced a fake Monday move against the trend coming.
Low and behold, developing cleanly now with rejection off the Monday Open sliding down a humble 1% by now.
Just a gentle reminder how this is indeed a fake move. Once resolved, the market will not go lower, it will go higher, it will make new highs. So I am just sitting in the remainder of the longs.
Just holding them gently until 66k, my mapped out target. The target of glory, the price point we have been waiting for and trading for, all the way from sub 60k.