Alert for Traders Only - #Bitcoin Short term trend update
- 4hour still bearish with no signs of reversal setup yet.
- $105k is the upper range of where I think $BTC could bounce
- Buddy indicator turned bearish (coloring the candles orange) on the 4 hour. Selling pressure could be like this for a few days.
- Waiting for a S03 Short setup to add to this Short

Trade Update:

4hour timeframe still bearish for $BTC . Why Im still going short.

 - #bitcoin Consistently Made lower highs as new supply enters & gets tested successfully, followed by lower lows as a result.
 - Currently supply is preventing a breakout making a retrace to $104 likely.
 - Zoom out and a Descending channel pattern has formed and an eventual breakout is highly probable. 

Waiting for a good entry to go long! (🤞104k)

https://x.com/TheChartArtist/status/1939652748275831126