#BTC/USDT Bearish Retest in Play. Possible Bottom $13,800.

Bitcoin's crucial range here is $17.7k to $18.3k.
Short-term relief across the market IS SEEN but I see no reason to long here, in fact, it's a bearish retest.
The short-term trend is to the downside.
What should be the course of action:-

IMHO, Wait, for now, Unless the dust settles it's not over yet.
If you missed this bounce do not FOMO.
I bought a good chunk around $16k and will buy with more cash around lower levels.
$11,600-12,877
$13,800-15,400

Close above $18478 invalidation!

Technically this is a Bearish Retest.

DYOR, This is not financial advice.


I will post the Long Term Analysis after this weekly close on how we can trade the upcoming PA and this FTX show. Also, what would be the possible target for the next Halving?
Follow me if you haven't yet.

#Crypto

Dagangan aktif:

#Bitcoin:- This is what I am looking at.
This move will give us a double bottom in the lower time frame. The weekly close is near. Keep an eye.