everyone thinks the market is dumping to zero, but actually the local bottom on $BTC might already be locked in.
most traders are sitting in fiat right now terrified of getting chopped up again, waiting for lower dips that simply aren't coming while their best entry slips away.
looking at the chart right now, price officially reclaimed the range lows and is holding strong acceptance above that zone. on the lower timeframes, $BTC already printed a clean higher low and looks ready to carve out a fresh higher high.
the obvious trap here is shorting into support when all the liquidity is sitting up around $85k. if bulls punch straight through that cluster, continuation back up is going to leave a lot of sidelined cash in pure disbelief.
where do you think we go once $85k gets tagged?
#Bitcoin #Trading #Crypto
most traders are sitting in fiat right now terrified of getting chopped up again, waiting for lower dips that simply aren't coming while their best entry slips away.
looking at the chart right now, price officially reclaimed the range lows and is holding strong acceptance above that zone. on the lower timeframes, $BTC already printed a clean higher low and looks ready to carve out a fresh higher high.
the obvious trap here is shorting into support when all the liquidity is sitting up around $85k. if bulls punch straight through that cluster, continuation back up is going to leave a lot of sidelined cash in pure disbelief.
where do you think we go once $85k gets tagged?
#Bitcoin #Trading #Crypto
