good afternoon,

been on the sidelines last week or so just observing price action, and allowing the market to show me what it actually wants.

i think i’ve got a pretty solid case to make from here.

so long as btc stays below 42698.0, a 20% drop is expected
if it breaks above 42698.0, a short squeeze will be triggered, and will invalidate my idea entirely.

i think btc stays flat for the most part, until around sunday evening
on sunday we see 1 final spike up, and this move will be for shorting with a hard stop $1 above $42698.0.
alts might run through the weekend while btc stalls out btc .d declines.

downside target sits at 31k before anymore longs can be safely taken.

✌