Bitcoin $BTC is showing clear interaction from the "short zone".
The price recorded a lower high followed by a lower low on the hourly chart.
I expect some chop before reaching the targeted "long entry" area.
For the bullish scenario, the black box (short entry zone) remains key for now; we won't turn bullish unless we break this level and stabilize above it.
BTCUSDT
Perp
75,406.2
-2.34%
The price recorded a lower high followed by a lower low on the hourly chart.
I expect some chop before reaching the targeted "long entry" area.
For the bullish scenario, the black box (short entry zone) remains key for now; we won't turn bullish unless we break this level and stabilize above it.
BTCUSDT
Perp
75,406.2
-2.34%