📉 BTC UPDATE (17/09) – HUNTING SHORTS ON THE REBOUND
BTC is staging a fairly strong bounce off the 75K region, but let’s be clear: the larger market structure has not flipped bullish.
On the H4 timeframe, price remains trapped below key moving averages, keeping the medium-term momentum firmly to the downside. Meanwhile, on the H1 timeframe, this relief rally is pushing up to test heavy resistance around 76.3K – 76.6K.
Treat this pump as an opportunity to position into high-probability SHORT setups rather than chasing longs into overhead resistance. Wait for rejection confirmation on the lower timeframes before pulling the trigger.
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Forwarded from 𝕍𝕀ℙ 𝕊𝕔𝕒𝕝𝕡𝕚𝕟𝕘 𝕊𝕖𝕤𝕤𝕚𝕠𝕟𝕤 🔐
