📊#BTC.W Update
🧠From a structural perspective, we encountered strong resistance near $80,000 and began a pullback. We've now filled the CME gap, so further pullback is possible.
➡️From a chart perspective, a bear flag pattern may form here again, with the nearest support around $72,000, near the lower edge of the bear flag. If this level is broken, we might see a deeper correction.
➡️Given the possibility of further declines, we sold 50% of our spot positions near $80,000. If the market doesn't experience the expected deep pullback, we will sell all our holdings near $85,000.
⚠️The bear market is far from over. Be patient and wait for a cheaper price range.
🤜Follow me to stay updated on market changes. Remember to like💖 and share💬
BTC
73,840.02
-0.72%