🚨 BTC TRAPPED BOTH LONGS AND SHORTS 🚨
Bitcoin is compressing and deviating inside the LTF range
But it just can’t break out of it
And the longer this consolidation lasts, the stronger the next move could be
Right now, I’m watching two scenarios:
SCENARIO 1
$83.7K breakdown -> the downside opens toward $82.3K
SCENARIO 2
$84.9K reclaim -> BTC gets back above the range highs and opens the way toward $87K
Right now, BTC is doing a pretty good job of frustrating both sides
Longs got trapped above the range
Shorts are waiting for the breakdown
Let's see
$BTC $ETH $SOL
Bitcoin is compressing and deviating inside the LTF range
But it just can’t break out of it
And the longer this consolidation lasts, the stronger the next move could be
Right now, I’m watching two scenarios:
SCENARIO 1
$83.7K breakdown -> the downside opens toward $82.3K
SCENARIO 2
$84.9K reclaim -> BTC gets back above the range highs and opens the way toward $87K
Right now, BTC is doing a pretty good job of frustrating both sides
Longs got trapped above the range
Shorts are waiting for the breakdown
Let's see
$BTC $ETH $SOL
