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Local $BTC Update 📊 Good morning, PA within this range is still slightly too immature to fully break down, but we’re starting to see some clear local levels form on #Bitcoin. Bulls are defending the 65k region for now, and we’re seeing a slight bounce from that developing demand zone. That said, I’m not interested in any counter trend trades here. The only setup I’m watching is a potential short if $BTC pushes higher and tags the key trend resistance area. As mentioned in my recent macro update, I’m still expecting this higher timeframe wave to bottom out around mid March. Because of that, I’m hesitant to start calling for a macro low and consolidation just yet. Stay cautious with higher timeframe, pre-emptive longs in this environment. Have a great Friday 👊













