Noticing price slowing down at that key level I marked indicates a bullish pullback here before turning bearish. If price breaks above the higher zone I'd be looking at longs, until then I'm bearish on BTC. To be clear from what I'm seeing now I'm bearish on BTC.
Comment
⋅
Expect a channeled move up where price action slows down, that gives more confluence for a bearish reversal.
Yeah straight to 26k like there are no resistance lvls in between. 🤦♂️
Ifraz_z
⋅
@Bladerunner2021, My markings was for illustration on direction, so of course we are gonna see lower highs and lower lows on the way down, if this plays out