Bitcoin is currently choosing to break downward. Currently, reference points for shorting are as follows:



The first point is at 74200, the initial decline position. This level is quite aggressive—a break below here leads to a sharp decline. After a quick retracement to the top of the previous wave, followed by validation, a steady decline should follow.

The second position is at the original support zone of 73000-73500 that maintained high-level oscillations. Reference a 1000U rebound around 73200 (the 7-day moving average position on the 12-hour timeframe). If the time window opens tomorrow early morning in this zone, one can enter a short position.
BTC-4,28%
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