#BTC $BTC
đ BITCOIN â MARKET UPDATE
For now, Bitcoin doesnât want to move straight down according to my scenario.
đ Weâve seen another buyback today, but I still donât understand the purpose of this move, so Iâm not considering LONG entries for now.
Bitcoin has once again returned to the daily resistance zone.
đ The key level for me is 82,850.
A weekly close above 82,850 would confirm a break of the current bearish structure. Only after that would LONGs become my primary direction.
Until then, Iâll continue looking for SHORT setups.
đ§ No need to force a trade. Iâll simply follow what the market gives us.
â ïž Not financial advice. These are only my personal thoughts.
đ° Wishing everyone profitable trades â and as always, manage your risk!
đ BITCOIN â MARKET UPDATE
For now, Bitcoin doesnât want to move straight down according to my scenario.
đ Weâve seen another buyback today, but I still donât understand the purpose of this move, so Iâm not considering LONG entries for now.
Bitcoin has once again returned to the daily resistance zone.
đ The key level for me is 82,850.
A weekly close above 82,850 would confirm a break of the current bearish structure. Only after that would LONGs become my primary direction.
Until then, Iâll continue looking for SHORT setups.
đ§ No need to force a trade. Iâll simply follow what the market gives us.
â ïž Not financial advice. These are only my personal thoughts.
đ° Wishing everyone profitable trades â and as always, manage your risk!
