BTC 📉 As we opened the daily market, BTC broke down and rejected below the $85.5K area.
Technically, this gives me a higher probability of a short-term correction, especially if BTC continues to fail reclaiming $85.5K.
The next area I’m watching is around $82K, based on the price action we saw on Friday and over the weekend.
Weekend pumps are often followed by some rebalancing once weekday liquidity comes back in, so I’m expecting some potential downside in the short term.
My setup:
🔴 Short Entry: $85.5K–$84.8K on a retest
🛑 Stop Loss: Above $86.4K
🎯 TP1: $83.2K
🎯 TP2: $82K or lower
$BTC
📉$ONE
$FLOCK
Technically, this gives me a higher probability of a short-term correction, especially if BTC continues to fail reclaiming $85.5K.
The next area I’m watching is around $82K, based on the price action we saw on Friday and over the weekend.
Weekend pumps are often followed by some rebalancing once weekday liquidity comes back in, so I’m expecting some potential downside in the short term.
My setup:
🔴 Short Entry: $85.5K–$84.8K on a retest
🛑 Stop Loss: Above $86.4K
🎯 TP1: $83.2K
🎯 TP2: $82K or lower
$BTC
📉$ONE
$FLOCK
