A few days ago I shared with you guys that I was expecting a similar move from $BTC. It's playing out exactly as I anticipated, though it took a bit longer due to recent geopolitical events. Now, if $BTC can break above the white trendline and hold there, I'm looking for another leg up toward the ~$85k region. Otherwise, there's a chance we could see another downside move. What you can do right now: If you're in a long position, take some profit. Consider adding a small short position if you see it closes below the white trendline. ⚠️

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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