$BTC UPDATE
So, let’s examine the chart, it is quite simple tho. There is a crucial support level — $92,000. It determines the further price action.
So, there are two possible scenarios of further price actions:
1) Breakdown of the $92,000 support level. This one gives us an opportunity to go SHORT with the targets in the $78,000 - $82,000 area. Invalidation of setup - strong bounce back above support.
2) Strong bounce from the $92,000 support level with the further breakout of the $102,000 resistance (that will invalidate H&S pattern). The breakout of this resistance will give us a chance to LONG.
For now the price is just moving in the horizontal range. Not the best time for trading, especially leveraged, as the market receives a lot of FUD from all sides.
