$BTC range lows are gone. Intermediate timeframes flipped bearish. That's the fact pattern right now, so I'm positioned for more downside from here.
Long-term? Still bullish. This isn't the start of some multi-month crash. But we're probably due for a deeper correction than the shallow dips we've been getting. Structure matters more than hope, and right now structure says lower before higher.
Invalidation is simple — reclaim the range lows with conviction. Until then, respect what the chart is showing you.
Long-term? Still bullish. This isn't the start of some multi-month crash. But we're probably due for a deeper correction than the shallow dips we've been getting. Structure matters more than hope, and right now structure says lower before higher.
Invalidation is simple — reclaim the range lows with conviction. Until then, respect what the chart is showing you.
