$BTC is looking very interesting today.
Yesterday, Bitcoin swept the higher timeframe IRL, and the ~$79,845 PDL continues to hold strong as support.
I’m already positioned in a long from yesterday’s sweep, and I’ll consider adding more if price sweeps the ~$80,408 IRL and confirms my entry trigger.
For today, the key bullish objective is reclaiming the ~$81,785 PDH. If that level gets taken, the probability of holding the PDL increases significantly. From there, I’ll be watching the 4H price action closely for continuation setups.
Looking at the bigger picture this week, the main bullish target sits around the ~$82,853 PWH. If price secures that level, I’ll continue looking for additional long opportunities.
My shorts are still active and already secured partial profits. I’m only interested in adding more shorts if Bitcoin loses the ~$78,000 level.
Good luck trading today everyone.