BTC/USD TA Update (Time to Short or Long?)

BTC/USD

Bitcoin is on a 25 Days of downtrend after the last pump made up to 10k region. Do you think this is the best time to short BTC?
No! You are not shorting a coin when approaching Key Support and the RSI is almost oversold now. If you wanted to short the market,
You should have open a Short position when BTC went below the 200 Day MA again.
Bitcoin is due for a pullback correction to 8.4-8.5k where the 50 Day MA is located.
The best thing to do right now is to wait and see where it wants to do.
Yes, you can do bottom fishing between 7.8k - 7.4k but I don't recommend using leverage here.
Your target will be a potential Lower High to form.

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