🤑 BTC UPDATE 13/10 -
BULLISH STRUCTURE BREAKS, SHORTS TAKE PRIORITY
BTC swept liquidity around $81K and quickly bounced back. However, this move broke the bullish structure. The previous recovery took time to build, while sellers erased those gains much faster.
For the broader uptrend to resume, BTC needs a candle close above $84K. Until then, price is likely to remain rangebound with sharp liquidity sweeps.
On H4, BTC has broken below the $82.3K support. On the lower timeframes, price is undergoing a short-term correction, trading within a tight range with sudden moves as buyers and sellers compete for control.
Today, the priority remains looking for shorts on a bounce toward resistance. The 83.3K to 83.5K zone contains an unfilled FVG that overlaps with the EMA200.
📊 Trading plan: Watch for a confirmed short around $83.3K to $83.5K, targeting $81.5K. #SeptemberCPIWatch $BTC
BULLISH STRUCTURE BREAKS, SHORTS TAKE PRIORITY
BTC swept liquidity around $81K and quickly bounced back. However, this move broke the bullish structure. The previous recovery took time to build, while sellers erased those gains much faster.
For the broader uptrend to resume, BTC needs a candle close above $84K. Until then, price is likely to remain rangebound with sharp liquidity sweeps.
On H4, BTC has broken below the $82.3K support. On the lower timeframes, price is undergoing a short-term correction, trading within a tight range with sudden moves as buyers and sellers compete for control.
Today, the priority remains looking for shorts on a bounce toward resistance. The 83.3K to 83.5K zone contains an unfilled FVG that overlaps with the EMA200.
📊 Trading plan: Watch for a confirmed short around $83.3K to $83.5K, targeting $81.5K. #SeptemberCPIWatch $BTC