$BTC 1H Update:

In our last update, the market briefly filled the 50% wick to the upside before dropping to our lower target area. I didn't take any longs due to some issues, but that's totally fine.

What's next?

We're heading into the weekend, where volume is typically low, and price moves are mainly for hunting liquidity on both sides.

From my personal analysis of the chart, if the market reaches the 86.5K and 85.2K areas, those would be good zones for longs. The risk is a bit higher here, which is why I'd split entries into two positions.

On the other hand, for shorts, the 89.7K and 90.6K areas look ideal if the market pushes up there.

Trade Setup on BTC

Longs: 86.5K & 85.2K

Shorts: 89.7K & 90.6K