#Bitcoin Still two major liquidity clusters sitting at ~$67.4K and ~$71.6K.

Both of these levels should be watched closely if price were to trade into them.

Kinda crazy how well this one worked out, especially on the perfect retest later on.

The best to ever do it.

#Bitcoin Pretty straight forward weekend price action so far.

Let's see if we can continue the momentum next week after future re-open.

Cycles, Corrections and Price Action 📚

Each cycle tends do trade in its own specific way. Each has their own types of corrections and price action.

Here's the ones I was a part of and how they traded 👇

$SPX Solid rally on the back of a dovish FOMC and lower job numbers.

Currently testing the 4H 200MA and diagonal resistance. A break here shouuld lead us back to all time highs over time I'm assuming. Should help crypto as well.

Trade it using crypto: u.primexbt.com/DaanCrypto

#Bitcoin Previous cycle all time highs tend to slow down price and make Bitcoin stall for some weeks.

The moment they do properly break, we tend to see a fast expansion higher.

Prices up 10-30% from last week's lows.

Funding rates still healthy. Let's hope it can stay that way for a healthy next leg up.

$TON Didn't expect being up ~20% in 2-3 days on a $20B coin. I will take it though.

Hope to see this at double digits somewhere in the Summer.

Clear invalidation below the ~$4.5-4.7 level going forward.

#Bitcoin Had a great push into the market close yesterday.

While I am liking how the charts are shaping up on the higher timeframes, I'll be patient and not start adding on green candles during the weekend.

Will see how this plays out. Added plenty of exposure near the lows as…

$OM Held up incredibly well during all the market downside. Trading back above the mid range.

Just needs to flip this high volume node at ~$0.8 to attempt another go at the all time highs.

$LINK Looking interesting but has some roadblocks ahead.

Above $15-16 I think this will start expanding higher quite quickly.

LINK led the market in October/November and is usually a good market strength indicator.

Good chance that even if #Bitcoin retakes the range in some days, alts will have rallied from these recent lows by quite bit.

Definitely some alt performance both on $BTC up and downside on the lower timeframes at the moment.

I’m still of the assumption that most alts…

Yesterday’s ETF Flows came in at +$378.3M.

Big inflow as we were expecting already, seeing the Coinbase bid all day.

$IBIT saw net flows of $12.7M.
$FBTC saw net flows of $102.6M.
$GBTC Saw $63M in inflows! First time ever since converting into an ETF that it took in money.

#Bitcoin Spot Premium increasing as price has been going up today.

Solid bid coming from Coinbase since the market open. Good chance we'll see positive ETF net flows for today again I think.

That would break the 7 consecutive days of outflows we've recently seen.

$USD Liquidity came down and so did #Bitcoin .

With the recent up tick as well as a dovish Fed we might see USD liquidity going up again which should help risk assets.

$ETH So far so good.

#Bitcoin Spot Premium increasing as price has been going up today.

Solid bid coming from Coinbase since the market open. Good chance we'll see positive ETF net flows for today again I think.

That would break the 7 consecutive days of outflows we've recently seen.

Good time to start paying attention now in my opinion.

Even if you think we're going (slightly) lower and you believe in a longer cycle, the risk reward to scale in around these levels should be pretty good.

No need to catch the exact bottom, or sell the exact top.

When…

$STX is one of them. Nice sweep into support which seems to be holding so far.

This has struggled to break through the 2021 ATH's but I suspect a next attempt should cause a nice break out.

Even to the next big resistance is already a ~50% move at this point.

#Bitcoin Solid range retake. As long as this holds $59-60K going forward, it should be good.