Price touched 82,550 again and got pushed back, now around 82,400.
The 1-hour chart is rising, but the 4-hour and daily charts are still bearish. The gap overhead at 82,639–82,930 keeps capping price. I’m leaning short: if it gets rejected again at 82,450–82,560, I’ll short, with a stop at 82,720 and targets at 82,171, 81,970, and 81,720. I’ll admit I’m wrong if the 15-minute chart gets above 82,650.
Warsh speaks at 11:30. If he sounds hawkish, this bounce is a gift.
$BTC $ETH #BTC
The 1-hour chart is rising, but the 4-hour and daily charts are still bearish. The gap overhead at 82,639–82,930 keeps capping price. I’m leaning short: if it gets rejected again at 82,450–82,560, I’ll short, with a stop at 82,720 and targets at 82,171, 81,970, and 81,720. I’ll admit I’m wrong if the 15-minute chart gets above 82,650.
Warsh speaks at 11:30. If he sounds hawkish, this bounce is a gift.
$BTC $ETH #BTC