I don’t know about crypto in general, with the SEC loading Thor’s hammer to smack regulations, but I do know that this is pretty convincing that we may see BTC rise from here; if not, then we are probably looking at sub 19k maybe even 5k.

Measuring the bodies of HTF to incorporate the bulk of the volume , we can see that BTC has touched the 705 retracement mark in confluence with bringing back balance to a former imbalance (maybe) and raiding some previous lows that for sure had massive amounts of sell stops under them. Why would the market run sell stops? Because triggering sell stops opens up the other end of the order….. buys. If market makers are looking to fill a book of long positions, they need people willing to sell. Consider this as you trade BTC . Trade safe, move fast and stay low. See you on the other side.