Crypto PM
--
Bearish
$BTC Update
I don't want to be a party ruiner, but it is what it is
Bitcoin failed its attempt to break through the $84,700 resistance - bearish sign. Moreover, the current case reminds me of what we've seen back in Q1 2022:
- horizontal range formed after a sharp dump
- consolidation and formation of resistance
- fake breakout of the resistance
- heavy dump afterwards
I closed my LONG position in profit. Invalidation of the setup I drew — strong breakout of the $84,700 and 1D - 3D candle closure above it.
#BTC #bitcoin #FedWatch
I don't want to be a party ruiner, but it is what it is
Bitcoin failed its attempt to break through the $84,700 resistance - bearish sign. Moreover, the current case reminds me of what we've seen back in Q1 2022:
- horizontal range formed after a sharp dump
- consolidation and formation of resistance
- fake breakout of the resistance
- heavy dump afterwards
I closed my LONG position in profit. Invalidation of the setup I drew — strong breakout of the $84,700 and 1D - 3D candle closure above it.
#BTC #bitcoin #FedWatch
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BTC
105,705.42
+0.36%