$BTC H4 > textbook AMT (auction market theory) scenario - break above balance and retest of high side of value providing ltf reaction. > if acceptance above value this general area should hold from here on out- acceptance back within opens up a slow down scenario.

trading back under prev. week high and inside value. think this hvn (~118.5-117.5) is a key pivot to keep an eye on into tomorrow - and see how CPI shakes out. to keep this simple - basing out into this would be a positive sign + reclaiming prev week high . below with missing aggression paired with heavy supply - makes a case for more downside and chop.

from @CookBookSauce edition 4 published earlier: