Gm fam
87k
87-88.5k is bears zone
I would stick to bears side unless we see a daily candle atleast above 88.5k
80-81k is the next strong support
#bitcoin
Bitcoin - loosely held opinion / thoughts
I like the idea of price holding the 88-90K range as support, while remaining open to a potential retest of the lower bounds of the range / build a local base.
Notably, over the past several weeks, price has yet to close below 93K on a weekly basis.
While I’m not particularly a proponent of Wyckoff theory, an UTAD into the 120s would present an excellent trading opportunity - assuming this entire range is a distribution phase preceding a corrective move in Q2/Q3.
Of course, these are just possibilities nothing definitive. Just a loose perspective on how I might approach the market, without getting too caught up in the details and theres a very good probability Im wrong here.
the dump followed the line .... it is also possible to go down to 0.75 before squeezing the rise ... but it doesn't matter I will buy spots again if it provides me with significant reductions
always in chill relax pos spot
$ETH
Would like to see TOTAL2 flip 1.5T opening the probability of trading 1.8T - 2T
After that lets see...
My focus is one zone at a time with clear invalidations below.
Hopeful that the yearly open level sticks as local support*