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Bitfniex

KEY POINT FOR BTCJust an update of my last idea, shorted yesterday at 8215$, aiming for 7.2k area. Thats a key point for BTC, liquidity resting below those lows of June 2019, and where the CME gap still is, so looks like next stop will be that zone. In that point, there are 2 scenarios for me, price is capable of recovering the lost range after taking all that liquidity, and I will be looking to long at a retest of the range support aiming for the lows of the lost triangle, 9.4-10k area. But if price is not capable of recovering and we clearly lost that zone, I will mantain my short aiming lower, probably till 6k area.
Short
by IBRA-
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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