#Bitcoin - Price Update
đ„đŻ Look at the precision of my previous weekly outlook:
The levels and scenarios shared remain on point!
Short-term view:
đ» Bearish bias here, I'm watching the $100,000 - $99,500 and $98,000 zones for key action next.
As anticipated, a mild correction is in play, especially across the #alts market.
BTC Dominance (BTC.D) holding strong. Liquidity could keep moving out of altcoins in the short term! â ïžđ
Iâve opened some short positions on several alts (all shared in previous posts).
Bigger picture:
đžThis is likely just a minor correction on #bitcoin after a strong run.
đžMonthly and weekly timeframes remain bullish for the long term & nothing changes on the macro trend for nowđ
Strategy:
đčWatch the key support levels closely.
đčStay alert to #BTC.D flows & donât fight the short-term momentumâ ïž
Check my previous posts for exact alt short setups.
Trade safe and stay patient. No FOMO!
