$btc longs Here is 80.7k. Rotated these TP's into another long. Alright! It is Monday. Our last move was to perform a TP 1 on our longs into a major liquidity pool @ 82.4k Good TP, good liquidity pool, as that liquidity is now being un-raveled for a retest. Always good reflection because if you don't perform such TP's, being in this long would be a sweat and it would offer less flexibility to compound since there are no profits to do so. Getting out is as important as getting in. Speaking of getting back in, that is what I'm doing here, leading into the weekly close. For the ones who have not been up to date, this is the natural move to do as part of our plan and trajectory to 84k first, hunting the single major proximity liquidity pool still available (aside from 75k, but that only comes after imo). Another milestone in the local trend, where imo another low is forming here. We are at range low area, the 80.5k key level and took out some local lows that had to be taken out before higher. The last pivot 82.3k are poor highs, on top of the 84k poor highs that's two magnets. It is a few hours before the weekly close, which is also a typical moment to expect a reaction for starters as long as the price is forming local lows, which is the case. Finally, we do have some perps adsorption especially with spot holding us up so this final move is very much perp driven into support. Enough reasons to go long, with the heaviest weight towards the overall plan and expectations to go to 84k, and the latter reasons supporting timing. Hard invalidation criteria would be something like losing the low without mmd on $eth (so if $eth and $btc both lose their lows).
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