BTC Short
BTC is showing bearish market structure, Weekly appears to have formed a big LH at 52K.
4H broke previous low, just missed Daily demand for the bounce.
I think a rejection from the 61.8, or the 4H EQ and supply level to form a LH, then head down to the daily and 4H demand levels makes sense.
61.8 has no zones for me to enter & SL, and would botch R:R if I staggered in, so only taking the highest opportunity trade from the higher levels.
4H broke previous low, just missed Daily demand for the bounce.
I think a rejection from the 61.8, or the 4H EQ and supply level to form a LH, then head down to the daily and 4H demand levels makes sense.
61.8 has no zones for me to enter & SL, and would botch R:R if I staggered in, so only taking the highest opportunity trade from the higher levels.
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