Speaker discusses the daily Bitcoin chart: there is an internal-range liquidity structure that supports a theory where the weekly open drives a false move above (filling a "PD array") before a true move lower. The speaker notes yesterday's candle was bullish so the immediate daily bias is neutral-to-slightly-bullish (about 50/50), meaning the recent dump could act as fuel to push prices higher — but alternatively price could break lower from here. Both scenarios are being monitored.
So going back onto the daily chart, right now we have a internal range liquidity on the daily chart that can support our theory of like the weekly opening here and in price to do a false move above, filling some kind of PD array before the true move basically is towards the downside. And this so far will line up with that theory. And another thing to add to this is that yesterday's candle was bullish. So technically, today's daily bias should be bullish. Which means that right now, this dump on on Bitcoin could even be the move that allows us to, you know, drive prices higher. Now, there is another way that this can play out is that you just break lower straight up, period from this point onwards. Either way, we're going to keep this in mind, knowing that the daily bias is kind of 5050 at the moment.
