Bitcoin strong resistance in area 28600/28800 - Short?
A clear resistance at 28600-28800 area is clear visible now.
Fake news on Spot ETF created an illiquid bullish movement that usually as happened in the past could follow "bearish" spikes to liquidate unwanted long positions.
This would mean a price again below 27000-26500 area in few hours
I would monitor so for a bullish signal only a price above 28800 area.
While now I would monitor the market and try to identify a possible short as soon as market will show a sign of weakness.
Fake news on Spot ETF created an illiquid bullish movement that usually as happened in the past could follow "bearish" spikes to liquidate unwanted long positions.
This would mean a price again below 27000-26500 area in few hours
I would monitor so for a bullish signal only a price above 28800 area.
While now I would monitor the market and try to identify a possible short as soon as market will show a sign of weakness.