$BTC Update
When the month started i shared my thoughts on the chart and said i want to see price takes out the monthly low first and then go up. (Basically wanted to see a bear trap)
But market had other plans. That wick you see on the chart is market taking the bulls liquidity. Monthly candle have 22 more days in it so a lot can happen on Bitcoin in 22 days.
The chart still looks fine as there is no major break. Now that we are close to the same $90k zone again it would still be great if price takes out those lows.
For trading perspective i think a better trade setup will be price dropping under $90.6k and reclaim it. This is where i will execute my trade as well.
