$BTC Lately, Mondays have had the tendency to form either a pivot high or low for the week. Looking at how the past five weeks have played out, price has moved an average of roughly 5% in the opposite direction after forming that pivot. That makes tomorrow especially interesting, as this pattern could offer some good scalping opportunities in either direction. If we get a sweep of the current lows followed by some kind of bullish confirmation on lower timeframes, this could be a great opportunity to catch a relief bounce. Should we, on the other hand, see a quick pump into the $78k-$79k region while leaving the lows untouched, I’ll be watching for signs of weakness to enter a potential short scalp.
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