Shorting BTC

3月5日

A hard rejection at the previous all-time highs zone with a slightly higher high with the new all-time high at $69,218. For now, this is not a great looking candle on the daily chart. A pullback to test the confluence area of the S/R flip zone ranging from $60,050 to $60,850 as well as the February 26th breakout VWAP currently at $60,776 is looking like higher probability here until there is a close above the new all-time high.