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The gap at 81,000 has been filled as expected, has the market peaked now? #btc
First of all, I personally always only look at 80,000-81,000, because 80,600 is a weekly resistance level, there is a gap at 81,000 here, yesterday BTC reached the weekly resistance, then dropped 2,000 points, today it rose again, currently the gap at 81,000 has been closed, and today’s daily close is still above 79,400, finally closed again, and if it has closed, we cannot consider it a false breakout, unless it drops again and does not return, then we can only consider the possibility of a false breakout.
Actually, for the gap at 81,000, I personally tend to add a few hundred dollars higher, while also gathering liquidity above it, whether it will go up and gather liquidity depends on the choices of the main players, anyway I have already placed a short position around 80,800, with a stop loss above 82,000, personally my highest target is only around 81,000, which has already been reached today, I will definitely short.
Whether 81,000 is the final peak, we still need to see if it can drop back to 79,400 and not return, if it can finally move like that, then the gap at 81,000 is closed and that is the peak.
Regarding many people saying 82,000, 84,000, 85,000, 90,000, I cannot see that far, I still stick to my own view, I only look around 80,000-81,000, for the past half month I can only see this far, 81,000 is a gap, anyway it has been closed, if it can go higher again, it proves I am wrong, now it aligns with my expectations, just go short.