cryptodads

Locking in on charts for a moment here.  A lot to look at.

Let's start with BTC.  A lot of time left in the day, but currently the daily track line is turning red, which would suggest further downside.

Looking at the liquidation chart, a move to 95K before reversing would make a lot of sense and would create a higher low.  We are getting really well set up for our next short squeeze through 110K.  

There is always a chance that something triggers an even bigger correction.

FLASHBACK to 2021 - There was about a 21% correction that revisited the 2020 high before liftoff.  A move like this would take us back to 74K.  I am not saying that this is a highly likely scenario, but it is one that we should stay prepared for mentally.  I will be ready to hold and buy no matter how bad it feels.