$BTC Up to this point, there has been no confirmation of a reversal or indication of a continuation of the trend... but this is also a point where one can take a risk. I will update the weekly view tomorrow.
The Crypto market is full of shocks, miracles always happen.
📌 According to the analysis, BTC is currently not at a peak... so the likelihood of a trend break is very low. However... it must be said that the analysis really wants to short a bit to take a position, even though there is no opportunity.
Scenario 1: BTC drops about 1000 price points to around 104,500 and then rises to 107,000$ and back up to 110k$.
Scenario 2: BTC today and tomorrow will sweep liquidity in a range of 1k price points... approaching 106,600 and free-falling to 99,800-101,400 like it did a few days ago.
🔹 For me, I choose Scenario 2 to follow. I will short BTC about 3% of the volume and divide it into 3 levels at Now (105.4-105.5) - 106.100 and 106.600 to prioritize getting an entry around 106.1-106.300$. Or match some parts as they come.
🔸 The stop-loss point for this plan is 107.500, which means a stop-loss of about 1300 price points (estimated) and a target take profit of 104.500-103.200 and 101.400$. Absolutely be careful to set the stop-loss.
This scenario is not for the majority, the risk is very high. I do not encourage those who do not have a main view to follow along. But the orders I enter, I share for everyone to review.
Anyone who shares the same view can press along for fun... this trade is a bit unique.