This kind of dump goes back to ancient Rome.
Legend has it a trader slipped, dropped his scroll, and accidentally hit “sell all.”
The Romans called it the Imperial Face-Plant.
BTC is simply respecting tradition.
$BTC is starting to show its hand.
I’m focused on price action, not the headlines.
I entered short after the break below $76K and failed reclaim.
Watching $75K as my target;
I’ll reassess the reaction there before deciding whether to take profit or look for a long.
$BTC’s 4H double bottom looks to be holding.
It’s been chopping all day, so I’m watching for volatility around the NY open.
I’ve closed my long.
If BTC pushes toward $79K tonight, I’ll look to build a short.
$BTC may be forming a 4H double bottom after repeatedly reclaiming $76.5K.
If the 4H closes above $77K, I may take a small long.
My original plan missed. Adapt and react.
$BTC may be forming a 4H double bottom after repeatedly reclaiming $76.5K.
If the 4H closes above $77K, I may take a small long.
My original plan missed. Adapt and react.