$BTC The Fed minutes expected early this morning to be neutral but somewhat hawkish, so you can continue setting up shorts at higher levels. Short from 836, targeting 821. The rebound came right on cue, and so did the move down. The morning short once again banked profits.

From the charts, after four consecutive hourly bearish candles, price formed a relatively long lower wick, and TD is already at 9. That makes the intraday low of 821 a short-term support level. The four-hour Bollinger lower band is extending downward but has not broken below the low, suggesting bearish momentum is weakening. With downside potential not yet fully played out, a rebound is likely. The daily chart is turning as well, so look for longs on the way up.

Look to go long around 826–823, targeting around 840–844. $BTC
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