$BTC has risen very well.

Should we LONG vs SHORT now?

We have seen price action earlier in the area of $69,900-$68,600$ and suggested that this is a good entry point for you to participate.

Need to patiently wait. Those who Fomo into the market will soon be eliminated. The marked X areas are SL orders, they will be eliminated sooner or later in the near future.

H4 - Projected image of the potential area to open LONG position

H1 - The image has been running in previous analysis and now we will adjust the potential entry point due to the recent wave reaching a high.