I always kept in mind that
$BTC could pull back, although I didn't imagine that such a pull back would put at risk the bullish structure that we have had for several days now.
Of course, there are people who see BTC at 48, I don't particularly see it. I see it more in the attempt to form a price range within a price zone, although there is something that I have seen today that I cannot ignore.
Why do I comment on the risk of the bullish structure? Well, from what I see in the graph of
#1D (image 3); within this time frame the strategy indicates a formation towards a bearish
#divergencia, which would indicate a possible strong correction of the BTC price. But, if the price were to consolidate within the price range from 66800-69000, then we would have nothing to fear.
This range can be seen in image 1 and 2, which are from the
#4H chart. Of course, it is important to note that in 4H the ADX has a negative slope indicating a loss of bullish strength within that time frame. This gives me the impression that the price has a certain probability of forming a range as long as the
#ballenas do not knock the price down.
What I have done is reduce the size of my contracts in case the price falls. If that were to happen, I would buy back in lower areas and take advantage of future price increases.
I consider the news and the market in general to be very optimistic. The only bad thing about that is that when the market gets greedy, protective measures must be taken for the whales.