Apefairy
1.7K posts







After closing my $WIF shorts in slight profit a few days ago I mentioned I want to re-short above $3. Here is an update on that idea and what I'm looking for: Base assumption here is that $BTC holds this initial test of 65-69k for a bounce to take the last set of untapped highs at 73.8k. Assuming we get that- we should have some final "exit pumps" on alts before everything comes crashing down along with $BTC. WIF/BTC is approaching a very key level of support that I've previously mentioned, so it should outperform BTC on a bounce. That bounce should ideally take us to the untested local supply zone on the USD pairing ($3.05-$3.55) while the BTC pairing makes a lower high, and this is where I will look to re-enter my shorts.




Players flushed. Bitcoin looks good here. This last squeeze up completely wiped OI once again, bringing us back to our local "baseline". My "ideal" scenario is pictured below with one more revisit to our local lows lows but now I'm wondering if we will get that considering OI just got wiped already. Either way, we are very close to our next leg up imo. Exciting times. $BTC







