$BTC

1/ I haven't been trading these days as the dissonance between TFs is an adversity not worth fighting. That said, we are close to bear thesis invalidation and I wanna be involved.

I reckon V reversal is unlikely. Chart looks like it wants to tag 7.5s where I'll hedge spot.

2/ Deviation back in the intraday range (7250-7450) after tagging 7500s is a short trigger for me targeting 6.9-7k, which is the decision point. I will share the setup if it gives and update the analysis as we go if things do unfold like expected.

Eyes on 6.9k (D1) and H4 MS.

$XBT $BTC Never got the spike to 7.5k unfortunately. Plan now is to wait for 6.9k to give in on D1 and then short any bounces.

Excess portion/red box defines risk for the bearish case. Targeting 5.6 if the conditional is met. I have some asks set at ±7020 in case it spikes.

$XBT $BTC Got the close below. Looking to sell rallies up to 7020. Stop is a bit loose so I will take more risk and derisk if price travels above 7.1.

Ultimately targeting 5.6k if the weekly closes below 6.9k. #btc