Hello everyone!
I’m currently watching Bitcoin closely, and it looks solid for a move toward the $67,950 level. However, this is exactly where I am planning my next move.
The Game Plan:
My advice is to stay patient and wait for the price to hit this zone. I am looking to open a Short Position at $67,950.
Entry Zone:$67,950
Risk Management: If Bitcoin shows strength and breaks above $68,400, the current bearish thesis invalidates. In that case, I will update you with a new plan, and we may have to book a small loss to stay safe.
The Target: If we see a clear rejection at this resistance, I expect a significant move to the downside.
Altcoin Correlation:
Keep an eye on $ETH and $XRP as well. They are currently mirroring BTC's price action and will likely follow the same downward momentum if the rejection happens.
Stay disciplined and wait for the confirmation!
Short #GoogleStudyOnCryptoSecurityChallenges #ETFvsBTC #BitcoinPrices
XRP 👇👇👇
