Bitcoin has retested the 80,000 level three times without breaking below it, so there’s no need to rush into shorting at this stage.

The long from 80,700 was partially closed at 82,500, with a breakeven stop set on the rest. Now we let time do its thing.

If it retests the 80,000 level for a fourth time, don’t keep taking the gamble. If you want to go long at a lower price, you could wait around 79,200 and use a tight stop. #BTC