$BTC today it's not about who gets in the fastest, but who has the patience to wait for confirmation.
The price is currently near the intraday support zone. If $BTC fails to reclaim 78.5K, the downward pressure could continue. However, if buyers manage to push it back above that area, a short-term recovery could become appealing.
My plan:
reclaim 78.5K = watch for a retest
fail to reclaim = don’t chase the bounce
break low = risk-off for now
No reclaim, no trade.
#bitcoin #priceaction #RiskControl
The price is currently near the intraday support zone. If $BTC fails to reclaim 78.5K, the downward pressure could continue. However, if buyers manage to push it back above that area, a short-term recovery could become appealing.
My plan:
reclaim 78.5K = watch for a retest
fail to reclaim = don’t chase the bounce
break low = risk-off for now
No reclaim, no trade.
#bitcoin #priceaction #RiskControl