Prediction evidence

$BTC This has all but played out, with price gravitating towards previous week’s low and stopping a few hundred dollars short. Two levels stand out from here... previous week’s low 76.1, and previous week’s VAL around 77.4–77.5k. Those are the two levels where participants are currently advertising, and I suspect those levels help define the range through London heading into CPI / NFP and the NY session. If we trade back into the confluence of previous day’s low and previous week’s low, that’s where I’d be interested in a rotational long... particularly if we see aggressive selling absorbed and an inability to auction lower - more so if its liquidation driven - so at this point wont know if the level sticks or not. Equally, acceptance back inside previous week’s value would have me looking for rotation higher towards current week’s VWAP, around the 78.4s. On sunday I was heavily leaning towards a correction and positioned on the short side of several alts heading into the weekly open - which has played out nicely - see previous tweet chain. That said, it’s the weekend... I’m in no hurry to put on trades until next week unless something particularly compelling sets up.