Excerpt from a YouTube video ("Why Bear Market Is Unlikely Now") in which Speaker A discusses current bull market structure, describing the daily chart as showing higher highs/lows and expecting continuation rather than a bear market. The speaker references predictions by others (Marcus, Giovanni) that the market may pull back to 'liquidity at the 90k' or as low as '80' before bouncing higher. The tone is speculative/analytical about short-term price moves and liquidity levels.
The bull market happening the way it does. Everyone's expecting that, that sort of last parabola, the blow off top. But in terms of structure, the bull market still here, like it on the daily, you can really see that it's just. It is a high low on the daily. Now, Marcus was also saying that one or two conditions will happen. I don't know if you remember Giovanni, but he did say that the market was going to either come down, most likely and get the liquidity at the 90k before it bounces up, or potentially we can open it up. I remember he did it a few weeks ago, he said it might come down all the way to 80 and go back up.
