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BTC trading above 76k zone. Will it continue to rise? After its pump from 68k zone, technically it is over bought, it means over selling is expected but when from which mark?
If we analyze all time frames, it is evident a retest of support at 71700-71900, If BTC pumps for new ATH today it will quickly reverse and try to retest the immediate support at 71700.
According to my deep analysis opening a short position from 76k range is a sensible idea. Same like Newtons law of motion, Every pump has a dump... 😅
I am opening a short position, Do your own research properly before entering any trade. Don't follow the signals blindly.
Good luck.
#BTC☀
If we analyze all time frames, it is evident a retest of support at 71700-71900, If BTC pumps for new ATH today it will quickly reverse and try to retest the immediate support at 71700.
According to my deep analysis opening a short position from 76k range is a sensible idea. Same like Newtons law of motion, Every pump has a dump... 😅
I am opening a short position, Do your own research properly before entering any trade. Don't follow the signals blindly.
Good luck.
#BTC☀
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