$BTC 📈
New shorts keep piling in at the lows and getting absorbed, but the reaction from buyers has been absolute 💩 so far.
I’m still looking for a long entry. I’m out of my early, small-sized attempt from earlier, taking a small loss and now want to see price confirm strength by reclaiming lost VAL with conviction.
So far, sellers have been absorbed over and over, but buyers haven’t stepped in decisively with intent and result, leading to repeated sweeps of the lows - slow bleed lower - no strength.
If we do not get strength with conviction back into lost value, prev. value POC + Daily ~81,200 USD is my next key level to the downside.
$BTC OrderFlow 📊
Lot's of new shorts keep piling in at the lows!
Buy low, sell high? F that.. let’s keep aggressively shorting BTC right into range low 👀
So far, those sellers are not really getting the reward!
Let’s see how this plays out... 🍿