BTC fast Approaching 65K area. Target was 75k but considering a bearish double local top scenario and framing this as a move into sell zone.
1. Break of Support 2. Move to Retest 3. Rejection (57k) 4. Resumption down - support off failed H&S.
Of course hypothetical but If this materialises I think there will be some large price fluctuations over this week before eventual price decline. Lightening load at 3 and short at 4. Invalid if the ATH is broken and long to original target price.
Best, Hard Forky
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may not make it past 64K ALTs are pumping - short scenario looks likely
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On the way to a engulfing 4hr?
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Played a second short on the pump - overall 1% risk with a potential 10%+ move down the BTC short is too tempting to pass.