šØ $BTC finally pushed above $85,000ā¦ and suddenly everyone is bullish again.
Thatās exactly why Iām taking the other side.
After this aggressive run, $BTC is now consolidating just below the $86,000ā$86,200 resistance zone. Price pushed into that area once and got rejected, and Iām watching for that rejection to turn into a deeper pullback.
Iāve opened my 50x short around $85,800. My main downside level is around $84,180, with invalidation above the resistance zone.
Maybe BTC squeezes higher first. Thatās what the SL is for.
But if this rejection confirms, the same people chasing $85K could become the exit liquidity for the move back down.
Thatās exactly why Iām taking the other side.
After this aggressive run, $BTC is now consolidating just below the $86,000ā$86,200 resistance zone. Price pushed into that area once and got rejected, and Iām watching for that rejection to turn into a deeper pullback.
Iāve opened my 50x short around $85,800. My main downside level is around $84,180, with invalidation above the resistance zone.
Maybe BTC squeezes higher first. Thatās what the SL is for.
But if this rejection confirms, the same people chasing $85K could become the exit liquidity for the move back down.
