Post #884465
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Korean Alpha ๐ $BTC 4H: If it goes to the 79,450 area, then it is definitely crashing back to the sub-70k level. If it bounces back here, then it will target the 100k+ area. This is a good risk-reward trade zone in my opinion, so we entered a small spot BTC position withโฆ
๐ Nothing to update. This idea will stay valid as long as BTC is holding 82k support. It could take 10-15 more days and the market will start to show some greenery in my opinion. The bottom is already in or it is almost near, sudden shakeout dump them v shape recovery is very much normal near bottom so we are avoiding high risk leveraged position till mid of November.