BTC SHORT TO 38K TRADE SETUP (pro analysis by baris3)
Fair value gaps sitting below. 0.5 fib retracement should be visited and that would be first retracement wave, followed by a nice consolidation. 40k is definitely coming but 38k is very high probability in terms of my technical analysis. I am sure lots of long interest open position are present right now as there is a ongoing story with the ETF.
After 38k it will take 35k area and from there we can see the bounce upwards :)
After 38k it will take 35k area and from there we can see the bounce upwards :)
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