Price Couldn't reclaim Range POC and bears hammered it down & broke HL. Uptrend in Ltf has been lost for now. Either look for short on pullback or we wait for Our Area of interest at 24-25k to Buy Bitcoin
Classic Price Action here. Thats the Reason why i was afraid of having Long Exposures at Range high. Bulls managed to protect previous HL & weekly low, Reclaiming of Range POc at 26817 would trigger a long with Sl below previous Hl around 26490. Wehen market is too choppy, we have to play Level by level. Becoming bullish at top and bearish at bottom of range in anticipation of its break due to market sentiments won't do any good to your trading. Remember, it is presumed that a range will continue to exist forever and just trade it, both long and short, until it breaks. Follow the process, not the sentiments
#BTC #BTCUSDT #btcupdate #BTCUSDT #bitcoin
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