WHY I TOOK THIS POSITION $BTC ???
Well, here’s why...
First, it is mainly based on the fact that the bear market has already hit the bottom and thus the most probable movements are upwards. Given that the daily trend has regained its bullish momentum, the bullish trends H4 within will probably have more amplitude, so I waited for the confirmation of the upward reversal of a H4 trend and I took a position.
But the continuity of the current daily trend is facing resistance at $74,000, so it is possible that from there it starts a daily decline (trend), which is why I first took profits.
Were you also in position earlier when the price drastically reversed from $74,000?