$BTC In short, longs are getting liquidated today. From now until 21:00, look for short entries and set your stop loss in profit around here.
At 21:30, if the long liquidations are over and price has retested the bottom wick, check BTC tomorrow morning at 5:30. If it’s above 79,999, stop shorting and wait for another opportunity.
You could enter a trade on November’s rebound.
But if it closes below 79,300, oh boy. From that point on, anyone long above 82,700 won’t know when they’ll break even.
Trying to catch the rebound is just asking to get wrecked.
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