Eloquent

btc 8-1 update ~

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BYBIT:BTCUSDT   BTCUSDT SPOT
good evening~

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btc is starting to play out a scenario which i had shared last week - no real confirmation yet, but it's looking pretty good thus far.

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i'm expecting a stop-loss raid of all the long stops from the july 26th low,
followed by the liquidation of all the range shorts before btc drops for reals.

>stop the bulls
>stop the bears
>cliff dive.

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local bottom to be made on august 11~12th, then up to 26k into the end of this month.
big drop into september.

downside target at 13\14k by the end of this year.

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ps. just a theory.

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