BTC short setup for the coming weeksHi Everyone,
In today's market update, I’m analyzing a potential short setup that I plan to take in the coming weeks.
While we are currently experiencing an upward rally, the broader macroeconomic environment remains uncertain. This leads me to believe that the current move is merely a relief rally, with further downside likely ahead.
I will begin building my short position once we enter the red zone between 90,654.73 - 94,366.47.
For invalidation, I am watching the 95,500 level—if the price breaks and holds above this level, I will exit the trade, as it would invalidate my setup.
Stay tuned for updates on my trading plan!