$BTC - Market Update (8/6)
BTCUSDT Perpetual Contract BYBIT:BTCUSDT.P
Price action isn't giving us an easy short hold here. We're trying to protect the 60-59k region here and holding above 62k.
On the 4h, I'm watching what looks like a basin forming. I think any dip into 63.5k-62.5k gets bought up. If we get the move higher, 67-68k is my ideal re-short zone.