Emperor👑

“Bitcoin Update If you saw the market update video, you should have caught a BTC or ZEC short. Next steps: 1. After two months of consolidation, price finally reclaimed the 2024 Summer Range Key S/R Zone ($71k–$76k), confirming the level with a clean retest before pushing higher. 2. However, this move up has come on declining volume with significant resistance overhead. As discussed in last week's market update, the key test was whether price could push toward $86k heading into the weekend. It couldn't and we've since rolled over. Price is now pulling back toward the lower S/R zone, which needs to hold. Losing it opens the door to a much deeper correction. 3. Two setups I'm watching: • If we fail to hold and lose lower timeframe structure, I'd be looking for continuation shorts on a retest of the $75k range low. • If we see a bounce and another push toward the highs, there's still a valid short setup around the $86k region, significant resistance remains overhead.”