$BTC ... told you so.
That 4H candle did exactly what it was designed to do.
Around FOMC, liquidity gets hunted on both sides before the real move begins. Most traders chased the breakout. Smart money used it as exit liquidity.
That's why I wanted more than a wick above resistance. A single spike isn't confirmation. A clean breakout with follow-through is.
Right now, I still don't see enough evidence to flip bullish.
📉 My bearish bias remains unchanged, and I'm sticking with my downside targets until the market proves otherwise.
Remember: Price can fake a breakout. Structure rarely lies.
I'll update the setup the moment the market gives a valid reason to change my bias.
#BTC #cryptotrading
That 4H candle did exactly what it was designed to do.
Around FOMC, liquidity gets hunted on both sides before the real move begins. Most traders chased the breakout. Smart money used it as exit liquidity.
That's why I wanted more than a wick above resistance. A single spike isn't confirmation. A clean breakout with follow-through is.
Right now, I still don't see enough evidence to flip bullish.
📉 My bearish bias remains unchanged, and I'm sticking with my downside targets until the market proves otherwise.
Remember: Price can fake a breakout. Structure rarely lies.
I'll update the setup the moment the market gives a valid reason to change my bias.
#BTC #cryptotrading