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Long metals, short crypto
$BTC for real rejecting macro resistance and has had a failed break out on the ltf channel
The hopeful expectation that reclaiming the centre trend of the BEAR FLAG would result in a move atleast up to 200d sma has not materialised
Unfortunate indeed. So unless the MM’s are going to truly fuck with you all and send it after this… the forgone conclusion is, the bear flag will play out like a bear flag
Which means $80-75k is next 🥱
Ltf may reverse here but given the weakness a good owld nuke or ltf chop is expected