Bitcoin / TetherUS PERPETUAL CONTRACT
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BTC Outlook

Bitcoin is in a micro range for now. it will slowly move up till 26k and then drop with a dramatic Bull Trap.

if price break out of the channel to the downside. final bearish target is 7k to 8k.

overall its not looking good for BTC
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Short term Longs are active till we reach shorting price.
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longs set to breakeven. partial close 24k
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Closed Longs partially. waiting for 21k retest
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21k retested, but there is still a possibility of getting down to 20k after this monthly candle closes. and then resume the climb
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Well, as planned price went back to 20k. if 21k holds we climb back to 26-28k or even further.

scalp longs active now
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price broke the channel and is heading lower now. looks like our short entry came early.
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final short target would be around 8-5-9k. which will also mark as the Bottom and new cycle. remember this is not a sprint, so it will take months to complete
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scalp longs are all closed. big short is already 900 points in. missed the early short. but now its doom till 8k.

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