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As expected BTC PLAYED OUT well in smaller TF of 15m
Bounce back again from support and rejected from same selling zone
It’s mean it is trying to form a range between $76K - $79K zone
That is normal when market give a straight 30% rally as we saw from 60K to 80K
But what is next after this range ?
Usually we set direction in opposite of BTC first breakout of range as maximum chance first move is fake move just to grab liquidity
But the main case in this scenario is that fundas should also opposite of first move otherwise first move will be valid too in many cases
If we look deeply in current scenario fundas are turning a bit bearish too so maximum chance we go downward
If I conclude our last analysis of 70K target is still valid so avoid buying here