Another interesting $BTC fractal.
If we happened to establish a higher low around 77.6K, we would be inheriting somewhat similar characteristics to the PA we saw back in 2022.
If something like this plays out, I would definitely be looking for hedge shorts above the current range highs.
I’m still holding the 2x long and actively looking for a hedge short. But right now, there’s no reason to force anything. I’m staying patient and waiting for the right moment to present itself.
Just thought it was worth sharing, as I trade a combination of patterns, recurring psychological dates, key events, and various other metrics to build confluence. #BTC Price Analysis# #Macro Insights#
If we happened to establish a higher low around 77.6K, we would be inheriting somewhat similar characteristics to the PA we saw back in 2022.
If something like this plays out, I would definitely be looking for hedge shorts above the current range highs.
I’m still holding the 2x long and actively looking for a hedge short. But right now, there’s no reason to force anything. I’m staying patient and waiting for the right moment to present itself.
Just thought it was worth sharing, as I trade a combination of patterns, recurring psychological dates, key events, and various other metrics to build confluence. #BTC Price Analysis# #Macro Insights#
