🚨 $BTC IS BACK IN THE ZONE I WAS WAITING FOR.
BTC has pushed back into the $63.7K-$63.9K supply area, and this is exactly where I’m watching the reaction very closely.
Yesterday, I said BTC could bounce from the lower zone first, then give us another short opportunity higher.
That move played out.
Now the interesting part begins.
I’ve already entered my $BTC short around $63.7K, and if price retests the upper part of the supply zone, I’ll be scaling carefully rather than chasing the move.
🎯 My levels:
$63,000
$62,500
$62,000
$61,500
🛑 Invalidation: $64,750
The key here is simple: BTC needs to show rejection from this area.
If sellers step in, the downside levels become very interesting. If BTC breaks and holds above the invalidation, the short thesis is wrong and I’m out.
I’m also watching $ETH, $SOL and $XRP where I’ve taken short positions as well.
No blind conviction. No chasing candles.
Just levels, reaction, and risk management.
Let BTC show us what it wants to do. 📉
Always DYOR.
BTC has pushed back into the $63.7K-$63.9K supply area, and this is exactly where I’m watching the reaction very closely.
Yesterday, I said BTC could bounce from the lower zone first, then give us another short opportunity higher.
That move played out.
Now the interesting part begins.
I’ve already entered my $BTC short around $63.7K, and if price retests the upper part of the supply zone, I’ll be scaling carefully rather than chasing the move.
🎯 My levels:
$63,000
$62,500
$62,000
$61,500
🛑 Invalidation: $64,750
The key here is simple: BTC needs to show rejection from this area.
If sellers step in, the downside levels become very interesting. If BTC breaks and holds above the invalidation, the short thesis is wrong and I’m out.
I’m also watching $ETH, $SOL and $XRP where I’ve taken short positions as well.
No blind conviction. No chasing candles.
Just levels, reaction, and risk management.
Let BTC show us what it wants to do. 📉
Always DYOR.