Study how $BTC PA has reacted over the past few years.
Study how nearly every significant weekly resistance gets rejected on the first retest.
Study how major weekly structural areas almost never flip on the first attempt.
You know where we are.
You know what we’re testing for the first time.
The market has a funny way of making people flip bias at the exact moment it’s least appropriate to flip.
Even in bull markets, price forms ranges. It retests levels. It rejects key areas. You don’t get straight impulsive moves without months of consolidation, ranges, and failed breakouts along the way.
This is the market maker way & this is exactly what has been happening for years.
Study February 3rd 2025.
You do not flip exhaustion gaps first try.
People truly do not understand the level of importance 84K holds.
Cause if we flip 84K… $BTC goes to 90-96K which would be too steep for a bear market rally.