The move up from June 5th low has been in 3 waves. The current global economic situations have rattled the overall markets this week. Even though BTC is holding the 102k support so far, things are getting much weaker as time passes. If the 102 K support breaks, then we will most likely see a flush down to 95k-90k area. Personally, I will be cautious buyer there. Even a stroll down to 85k won't be super bearish long term. Anything below that might spell bad news. Starting small and assessing the situation will be key. I don't put stop loss on BTC. But, if price keeps getting lower highs, then, breaking 80k will be my signal to get out on the next spike and reassess the situation.
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