distribution vibes.

as btc approaches the local area of distribution, i could see signs of weakness appearing.


overnight move up doesn't look impulsive anymore
volume is decreasing
resembles wave b, x, or 2
if this is wave b or x, then we likely see 40k in the days ahead after a little dip down to 34~35k

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if its a wave 2, then we drop to 32~28k from here.


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i don't know what the market wants to do, all i know is i'm ready for either outcome.
are you?

✌