Short ideas on BTC
Updated
I do expect a small retrace on HVNs that I marked out, they're perfectly in match with my HTFs levels adding more confluence to my idea.
This would be also, in my honest opinion, the safest way to enter "late swing shorts" on BTC, they are really valuable if you bought some spot during this dip because you can short hedge your spot position waiting for more clarity both in Crypto and SPX, tech stocks are highly correlated with BTC movements.
Drop your comments/opinion below, they are really appreciated! Have a great weekend!
This would be also, in my honest opinion, the safest way to enter "late swing shorts" on BTC, they are really valuable if you bought some spot during this dip because you can short hedge your spot position waiting for more clarity both in Crypto and SPX, tech stocks are highly correlated with BTC movements.
Drop your comments/opinion below, they are really appreciated! Have a great weekend!
Note
Of course 18k is not needed per se, we could also tap 23.2k level.Note
We have also a single print near 33970, adding more confluence on 34k level
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