What a week full of scares. I like Halloween, but not like this; I don't like these scares that $BTC gives.

As you can see in image 1 of the #1D graph, we have a BTC holding between the 67000-68500 zone, the selling pressure from those who bought bitcoin in much lower zones is noticeable. I imagine they want to take profits now, we don't know.

Likewise for the 1D graph we have an ADX without directionality, which tells me that there is no volatility or significant strength for that time frame.

On the other hand, at #4H (image 2) we have a BTC with an ADX with a negative slope below point 25, which indicates the nonexistence of the strength that the previous movement had. This tells us that at least the pullback we had from 69,000 to 65,300 has already lowered that small selling pressure.

Bitcoin has held up pretty well, although today is Friday and volume drops on weekends.

I think that today's close will give us more insight into whether BTC can hold above 66,000 or 67,000. It is key that the price does not fall below 65,300. If that happens, then we need to have liquidity to buy back when the entire market stops falling.

Because yes, if BTC loses the 65,300 area, it will result in an increase in selling pressure and we could see BTC falling below 52,300 or lower.

I want to be positive. I would like to see BTC holding the price where it is currently and continue to rise. I prefer the price to rise as far as it has to rise. 80 thousand, 90 thousand, 100 thousand and then have a good correction, than to fall now, sink the entire market with a massive sell-off and then start to rise 🧐.

I consider that if the price rises strongly and then falls it is much healthier for the market🤷🏻‍♂️

You have to be attentive and take your precautions, I already took mine...

Have you already taken yours?