The only thing stopping price from traversing entire plane of value is a strong reaction at the POC (the 2024 vwap in this case) To me this is a pretty limp dick reaction thus far We have compressed above it but being pinned down by developing yearly value which in this case is the Qaurterly view overlaid as evidenced by the downward sloping resistance No bueno tbh. It needs to reclaim the 2024 vwap today or we going to take the lows and need to be on guard for a full value flush which would be 50 k even. Yes, 50 k even per Auction Market Theory HOLD THE LINE BABY BULLS #BTC
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As mentioned this 2024 vwap is big big zone
The only thing stopping price from traversing entire plane of value is a strong reaction at the POC (the 2024 vwap in this case)
To me this is a pretty limp dick reaction thus far
We have compressed above it but being pinned down by developing yearly value which in this case is the Qaurterly view overlaid as evidenced by the downward sloping resistance
No bueno tbh. It needs to reclaim the 2024 vwap today or we going to take the lows and need to be on guard for a full value flush which would be 50 k even. Yes, 50 k even per Auction Market Theory
HOLD THE LINE BABY BULLS
#BTC