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๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐... ๐๐๐๐'๐ ๐๐๐๐?
Bitcoin reclaimed the $59K area after sweeping the $58K liquidity, but I'm not convinced this is the final low.
๐ถ The bounce appears driven mainly by short covering, not aggressive spot buying.
๐ถ Open Interest remains weak, showing limited commitment from new longs.
๐ถ The key decision area is now $60.2Kโ$61K. Unless bulls reclaim this zone with conviction, the downside risk remains.
๐ฏ My Trading Plan
๐ธ POI: $60.2Kโ$61K.
๐ธ I'll monitor price action closely inside this zone.
๐ธ A bearish rejection there will be my preferred short setup.
๐ธ No chasing priceโif the setup doesn't come, I simply won't take the trade.
โ ๏ธ Invalidation: A clean breakout and sustained acceptance above $61K would weaken the bearish thesis.
The best trades come from patience, not FOMO.
$BTC โ#StrategyBuyback