🚨✨️💫 The Bitcoin bottom doesn't seem to be on the horizon, or does it?

No wonder Bitcoin is pulling back now after 8 consecutive daily green candles. It reached a peak of 76k.
Since then, Bitcoin has declined 9% in just 3 days, filling most of the CME gaps and FVG along the way.
The good news is that we are approaching support levels. And we are looking at excessive extension. There is potential for minor capitulation.
The bad news is that late long trades with leverage continue to accumulate, adding fuel to the liquidation fire.
The true retail sell delta at 100%! This is terrifying. Thank you so much CT/YT!
💫 So where will this end ⁉️
Well, the 7-day liquidation bottom around 67k is where I am betting my money, due to Bitcoin’s consistency. We see 3-4 days of excessive extension, a temporary pullback setting a trap, then another 3-4 days of exhaustion in the same direction.
This pattern will keep repeating until leverage traders stop using leverage. What a joke.
My strategy is to add two buys from 74.7k. I plan to average in somewhere between 70-71k. If we even get that opportunity.
Between now and then, I strongly advise respecting the current trend, which is bearish until we see a major shift in momentum or an increase in volume.
Don’t force it, don’t chase the overall trend.
Real traders are patient, emotionless.
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