Bitcoin / Tether
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BTC - It's time for a short rest

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Low timeframe short idea for BTC. Using a fib retracement (with extension targets) on this break downwards, we can see where the outer extension target lies for the short take profit.
交易進行
We got the drop I was expecting, but we did take a detour beforehand, coming up to re-test the underside of the red box that I have marked that is associated with the initial supply zone from BTC's first push above 100k. The price is currently giving a bit of an "automatic reaction" style bounce, but I do expect that we will continue down a little further before consolidating for the next push.
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交易結束:目標達成
This idea has reached its target price area. Price action is still looking very sluggish, and I am anticipating further downside in the short term. Thoughts on that will come in a separate idea though.
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