🚨 #BITCOIN Urgent Update 🚨

BTC/USDT is bearish, currently trading around $62,500.

I shorted from $69,700, and I hope you did too when I mentioned the short position. The price strongly rejected from the Bearish Order Block at $70,000 level.

Key Points:
▪️ On the daily time frame, Bullish OB 1 appears weak due to multiple attempts and bounces, making this the 5th attempt.
▪️ Given its weakened state, there's a high chance it could break down this time.
▪️ If Bullish OB 1 breaks down, we might see a strong bounce from Bullish OB 2 around the $50,000 level.
▪️ I've placed a bid at $50,000 and am closely monitoring the current Bullish OB 1.

Stay tuned and trade safely!

#Binance #Polygon #ETF #Layer2 $BTC $SOL $PEPE