❗️Quick Thoughts on BTC ❗️

Holding above $76,100 zone is a relief zone based on charts and technical analysis,

Here is important aspect of the current market. Highly dependent on news,

There is no logical or illogical way for market to bleed further,

There is no potential correction based on any factor specially after seeing the way Bitcoin absorbed the US-Iran recent conflict update,

What I believe is market will build bearish environment to build short ratio significantly way higher than longers, this could repeat what happened in last year October, this time shorters will be the liquidity. dyor

Eyeing for $85,000 zone.