If BTCUSD reaches a price near 67'800$ on a lower time frame like 15m or 30m, I'll open a short trade. If BTCUSD holds near $67,800, it signifies that it has developed a bearish pattern after reaching its major supply zone. BTCUSD is likely experiencing a very bearish scenario due to this condition. The analysis is provided for educational purposes only. Be aware of the potential risk of loss before making your own trading decision.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.