📊 BTC4H: Ifit goes to the 79,450 area, then it is definitely crashing back to the sub-70k level. If it bounces back here, then it will…
📊 BTC4H: Ifit goes to the 79,450 area, then it is definitely crashing back to the sub-70k level. If it bounces back here, then it will target the 100k + area. This is a good risk-reward trade zone in my opinion, so we entered a small spot BTC position with a stop loss near the 79,500 area. In case we get stopped out, we will wait for 65-66k level to buy back again.
The excerpt is quoted from a public Telegram channel, which owns its text.