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#BTC / Market Update ✍️
So we’re currently at $66.8k. There’s two levels I’ll be watching.
Option 1: we bounce somewhere between $67-63k up to $75k. Once we hit $75k if we cannot reclaim that zone I will be exiting ALL spot positions and longs. If we manage to reclaim that level I will be looking for $81-86k however not expecting it.
Option 2: we fall through $67-63k zone and are at $55-58k zone, from there again I will be looking for a LTF entry for a long targeting $81/82k.
In summary - if we hold 67-63k will long. If we don’t hold there will look to long sub $60k. Overall bearish higher time frame but currently looking for longs before shorts.