The bull defense line has been broken again. Most of the short positions opened at 73k were already closed yesterday. BTC has broken below the trendline on the 4-hour chart. Liquidity is scarce over the weekend, so I haven't started buying long positions yet. The best scenario is to get a lower entry point, around 66k or even 64k.



I previously mentioned that 79k would be reached, but can you endure this short-term shakeout? If you have low-priced spot holdings, you can wait. If you have high-priced holdings, it's better to trade in waves. After all, the current market is not only lacking funds but also influenced by geopolitical factors. There are too many uncertainties and opportunities. Either do nothing or make sure to profit when you act! The long bullish sentiment that was hard to come by has been dampened again.
BTC-3.64%
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