Things could go ugly from here.
Short term may causes panic but make sure to be ready to deploy at the dip.
Institutions are rebalancing their portfolio and unwind their ETF position which they must closed their delta neutral position on $BTC as spread is narrowing.
That’s why there is change in plan for the short term. Risk is picking up and we should monitor this.
Avoid leverage. Key level to watch is $100k. This is the last dip before $120k.
