$BTC My current market thesis for today...



I'm looking for price action to reclaim the $59.8k order block before making a further retracement down to $59k.

We've been creating lower lows and lower highs over the last 24 hours, and I don't see this changing until we test previous lows.

Two BOS levels have also been broken, showing strong selling pressure.
BTC-1.13%
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VineGeometry
· 2h ago
Two BOS broke, bulls need to wait.
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GovernanceMoodboard
· 2h ago
59k, let's see after the test, the risk/reward for shorting now is mediocre.
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ASolitaryRockBeforeTheVolcano
· 2h ago
If 59.8k can't hold steady, 59k will indeed be touched.
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YieldBento
· 2h ago
Lower highs are quite standard, bears are still in control.
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BlocktimeBarista
· 2h ago
The structure has been broken quite severely, waiting for a false breakout to go short.
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