$BTC My short signal on the monthly timeframe has been invalidated on the MACD. This doesn’t necessarily mean immediate growth, but the 80k level is a key support. If it breaks, we’re likely heading into a crypto winter.

For now, I’m not taking short positions — I’m positioning long.
There’s a possibility that Bitcoin is forming an inverse head and shoulders pattern with a target around 106k. The invalidation of the potential right shoulder would be a move below 85k.