Kosta Ouzas breaks down two Bitcoin scenarios: a sweep beneath the swing low to around 76 that doesn't close below structure, or a gradual climb with higher lows. The key question is whether closes actually break below the low, which would flip the macro structure.
80
5% (additional sweep)
About 76
So let's go with the Model 1, where we sweep the lows. So that means we will take out 80. So if we sweep the lows of the Model 1, we'll just do some little math here. This was the first swing low, and the sweep was an additional, say, 5%. So here's our swing low here. And if we sweep that In a model one, we, you know, we could look at another 5%, and we would still not violate this low. It's kind of important that we don't take out this low and stay below here. We might. We can wake. Wick is fine. We just don't want to be closing below this structure here. We start closing below there. Here. Now we put in a new macro low. And, you know, that flips the whole structure. So right now we're fine. Even if we sweep the lows and do a 5% below here, that's only about 76. So we won't be taking that low out. Or if we do a Model 2, where we just keep making higher lows on the way up and accumulate like that, then that can also work.
