📉 Urgent BTC & Altcoin Update 📉
As predicted, BTC surged to clear liquidity at $69920-$70100 but retreated to retest its previous low under $69000.
Closing the 4-hour chart below $69,000 confirms a bearish signal. 🐻
Recommendation: Trade shorts or take profit above $69000-$74000.
A close below $69000 confirms bears' control, leading to potential recovery attempts followed by further decline.
Meme altcoins may suffer most during this phase. Trade cautiously, avoiding excessive leverage.
Remember, this isn't financial advice. Do your own research.