#BTC $BTC
📊 BITCOIN — UPDATE
Bitcoin continues to distribute.
We already swept the liquidity below around 75,200±, and now liquidity is being collected above, in the 80,500–82,000 area.
I can’t say how much longer we’ll remain inside the 75,000–82,000 range.
However, we now have a fairly strong 4H structure break, which is an important signal.
If we fail to close a 4H candle above 82,300, I expect another move lower — and I think that’s the more likely scenario.
📉 I’ll only add more to my SHORT after a bearish setup forms in the yellow zone.
⚠️ Not financial advice. Manage your risk and stay safe!
📊 BITCOIN — UPDATE
Bitcoin continues to distribute.
We already swept the liquidity below around 75,200±, and now liquidity is being collected above, in the 80,500–82,000 area.
I can’t say how much longer we’ll remain inside the 75,000–82,000 range.
However, we now have a fairly strong 4H structure break, which is an important signal.
If we fail to close a 4H candle above 82,300, I expect another move lower — and I think that’s the more likely scenario.
📉 I’ll only add more to my SHORT after a bearish setup forms in the yellow zone.
⚠️ Not financial advice. Manage your risk and stay safe!
