Bitcoin BTC: VWAP Extension, Three-Drive Pattern, & Trade Plan

📊 Bitcoin (BTC) continues to hold a strong bullish trend, but in my view it is now overextended as we head into the end of the week ⚡.

🔎 In the video, I break down how BTC is currently trading two deviations above VWAP, highlighting its stretched positioning. We also discuss the three-drive pattern, which often precedes a correction — particularly when combined with a VWAP extension and end-of-week institutional activity as larger players wind down their trades 🏦.

📈 With that in mind, I’m anticipating a retracement. If price pulls back into support and then confirms with a bullish break of structure, I’ll be looking for a long opportunity 🎯.

⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always trade responsibly and manage risk carefully.