Price went up a bit higher than expected, but still going as planned. Since the BullWhale exploited the #bitmex maintenance to pump the #BTC price at the expense of degen shorters, I can guess he will use the "surprising news of ETF rejection" at his favour in similar fashion. So far as we have been in this trading range, price has not retraced below 50% fib....
Bitcoin fractal chart aligns with market maker sell model. I believe market wants lower prices, those multiple tests of 6k and diminishing buying pressure => lower highs is the evidence.
1) 0.5 fib is holding price down 2) those equal highs looks too perfect, they will be taken out 3) crowd is getting bullish
Based on fractals of previous consolidations. Generally I lean more bullish, but the many attempts to break up, makes me cautious and suspicious that the market operator might be distributing and is looking for lower prices.
MCO will have a big announcemnt next week that could positively impact price.
Few things to note: 1) someone bought a lot of SNM 2) a new listing could be coming 3) SNM has been in accumulation phase for a while 4) legit project, hardworking team and first results delivered