BTC lost the weekly level which was the invalidation for the long.
Now, we are back at the 31k region and we have 3 scenarios in my opinion: - We bounce back up from here (near the 0.618) - We take the lows for a SFP and head back up (for ex drop to 31.4k then reverse) - We break this level and head to 30k
For now, we just wait for the reaction at this level
Any questions?
Good luck traders Remember not to break your rules