Friend asked if I would short $BTC around these levels.

Considering we are so close to ATH I view this level as too much of a magnet that HTF shorts are out of the question.

Intraday ranges etc - ok to short ofc. This is just playing the standard rotations week to week, day to day.

But if I am to consider a short based on the daily timeframe, my A+ setup is as follows:

I want a candle to close above ATH.

- For the A+ trade, this is engulfed the next day

- For the A- trade, we consolidate first then close back lower

No close below the candle that takes us above ATH = no shorts. Simple as that.

If we had built less of an up only structure off the 74k lows, I'd be almost convinced we go to 125k next. But since we haven't had any retrace, I am preparing a scenario where we print a MMSM (market maker sell model).

Not banking on this scenario happening. I know what I'm doing if we get a true breakout. And in prior tweets stated that if we tag the weekly fvg before ATH, then I'm looking for longs.

Here is a TLDR of the scenarios I'm looking to trade just for consistency:

1. Tag Weekly FVG into 98-101k BEFORE ATH, look for longs targeting ATH and some.

2. Tag ATH before Weekly FVG:

a) If it is a sweep / rejection, then its very case dependant i.e. need LTF to confirm next move

b) if it is a daily close above ATH, look for a short if we daily close below the open of this candle

c) if there is no daily close below the open of the candle that takes us above ATH into a new >ATH close, then no shorts whatsoever.

d) If we spend time+space above ATH, don't close below the open of the candle that took us above ATH, will be looking for pull backs to get long targeting 125-130k

Thank you for attending my ted talk