Everyone's screaming for new highs but I'm not buying it yet.
$BTC range is grinding lower highs and lower lows — that's bearish structure until proven otherwise.
The line in the sand is $84.2K. Break above that and we get an internal compound breakout that flips the local swing bullish. That's when I'll take longs toward range highs and hunt continuation.
Until then? Respect the downtrend. Structure matters more than noise.
Chart-first. No complications.
$BTC range is grinding lower highs and lower lows — that's bearish structure until proven otherwise.
The line in the sand is $84.2K. Break above that and we get an internal compound breakout that flips the local swing bullish. That's when I'll take longs toward range highs and hunt continuation.
Until then? Respect the downtrend. Structure matters more than noise.
Chart-first. No complications.