bitcoin:native
"There is a high chance that price revisits the 74.8k low from yesterday"
If this is a deviation, then price needs to quickly reclaim 75k.
The more time we spend below, the more cautious I will be on chasing longs.
Acceptance below 75k opens the flood gates to 70-65k.
bitcoin:native
There is a high chance that price revisits the 74.8k low from yesterday.
Was not convinced by the current sweep of range lows, hence I'll be waiting to see how price reacts on a second.
Sweep -> Seller Absorption -> Reclaim -> Squeeze