rfelchuk

BTCUSD: how bad the deep might be?

Short
BYBIT:BTCUSD   Bitcoin / U.S. Dollar
Hello ladies and gents!

So despite being a little behind schedule #BTC is actually following my proposed idea.


#Volatility drop is massive, I think I lost almost any interest in trading for the last 3 days.

The key driver that motivated me shorting is actually hedging despite, I must admit, my position is rather speculative.

Taking to account little to none buying power, I believer there are no strong obstacles for the price sliding downwards until 6800-6900 swing low.
Comment: possibly a change in a game plan

on a 3D chart $BTC esteblished a beautiful pin bar, which now price came down to retest

bears are strong because price been pushed below the trend line uet the horizontal resistance of 7465

bull have got supporting PIN on a 3D

I closed my short position from 7300 at 7140, not gonna play gambling

I still think 6860 could provide a great SFP opportunity but price might as well bounce from here

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