More Shorting Opportunites Coming this Week!Bitcoin / US DollarCOINBASE:BTCUSDSpartanTrader001Context 1: Support Area- $112,000 Resistance Area- $120,000 Supply Zone- $123,300 to $124,000 Demand Zone- $108,500 to $109,800 Psychological Levels- $120,000 and $100,000 Context 2: Technical Structure 1- After sweeping liquidity at the ATH, BTC is in a medium strength decline. We find a bearish flag being presented on the 1H and 4H timeframes presenting opportunity for continuation/reversal. FVG’s: FVG Confluence 1-Two bearish 4H FVG located above price. One 1W located just above price with a Daily and a 4H FVG inside. Golden Pocket- Closest GP can be located inside the 1W, 1D, 4H combination gap just above price level. The next closest 0.618 level is located within a 1D Rejection Block below price and below our 4H demand zone. Context 3: Volume Insight- Volume profile suggests that there is a massive amount of liquidity around psych level $120,000 waiting to be liquidated. This also aligns with the 0.618 level of the initial move down located at $119,500. Bearish Scenario 1: We head down to our Demand zone and sweep liquidity at $109k the head upwards to sweep lows at $115,000 then continue downwards towards $108,000 where a bullish Golden Pocket rests for a possible reversal or retracement. We then break through support and head down to $100k psych level after retesting $108k resistance. Bearish Scenario 2: We retest demand at $108,500 grab liquidity and break through upper resistance and head to the 4H POC. At $119,300 we align with the dominant bearish Golden Pocket where we will reach and retest liquidity to create a double top pattern. We test the 1D Rejection Block and retest resistance at $112,000 to help push us down to the next demand zone at $100k psych level.