After a hard rejection from the yearly open Timescape R/S Flip line at $87.5k, Trend Precognition flashed a new 🔻signal on the $BTC Daily chart. The signal opened weak with a strength score of 35. After squeezing shorts and nearly invalidating, it has now strengthened to 45. That late night short squeeze to $87,272 should serve as a reminder not to chase candles. If you are going to attempt to scalp or swing trade the volatility you mitigate a lot of risk by only doing so from near the range boundaries. A higher high invalidates the new signal. A wick below $82.8k opens the door to a deeper support test in the $75k - $79k range. #BTCCharts# #BTC Price Analysis#
