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Oops!... I Did It Again
This is my 4th consecutive SL streak with $BTC. -4R total.
And of course, I’m not rushing into any new setup.
67k is the GAP that was formed back in early April, and now it has returned to fill after 2 months.
Price might bounce from here, but losing the important zone at 69.4k now makes retesting the pwVAH at 78.2k before heading lower feel quite distant and unlikely.
If price can quickly reclaim and flip 69.4k, the best target for now is VAL 71k5-72.4k (before any further downside).
Until that happens, I won’t take any new setups.