$BTC With buyer resistance, the market is still completing an impulsive rise from July 9-11. Confirming our hypothesis about the start of a range or even a correction.
Just now, the price of #BTC has entered a steady downtrend on the 45-minute time frame, which has not happened since July 8 and a price of $108,947.
Targets: $116,878, $116,466, $116,053. If the price breaks the EMA 50 on the 45-minute time frame, which is currently at $116,945 - we will wait for the targets to be hit. For now, they are very small. But considering yesterday's high markers with a Strong signal on the 8- and 4-hour time frames, this is indicative.
Those who have a subscription to #P73Signals have seen that the situation on altcoins is even weaker and there are transitions into a steady downtrend on the hourly time frame. For example, for #solana #bnb .
In less than 5 minutes, the hourly candle will close. And if our indicator for #BTC shows a transition into a steady downtrend here as well - we will, as announced, start accumulating shorts. For now, very modestly and waiting for clearer confirmations from the 2-hour time frame and higher.