$BTC Bitcoin may keep rising in the short term toward the $62,500–$63,000 area. However, instead of buying there, they are watching that zone as a possible place to open a short, meaning a trade that profits if the price falls.“if we get a trigger,” mean some confirmation first, such as a rejection, weakness, or another technical signal showing the upward move may be losing strength.
If Bitcoin does not give that reversal signal around that first zone,it could keep climbing toward $66,000, and would then look for a short entry there instead.
When “long scalps,” mean quick buy trades that try to capture small upward moves while the price is still bouncing higher. But overall, main view remains bearish, because the broader market is still in a downtrend, so prefer to wait for opportunities to short rather than hold long positions for longer.
If Bitcoin does not give that reversal signal around that first zone,it could keep climbing toward $66,000, and would then look for a short entry there instead.
When “long scalps,” mean quick buy trades that try to capture small upward moves while the price is still bouncing higher. But overall, main view remains bearish, because the broader market is still in a downtrend, so prefer to wait for opportunities to short rather than hold long positions for longer.