BTCUSDT BTC touched 99.5K area which I said yesterday would be the first important resistance to reclaim to flip back bullish. (I said Long term bullish is still intact but to be aware of short term bear pressure) After it touched 99.5K slight reaction of pullback. Nothing major as of yet. If BTC can reclaim it & hold above it, the next important resistance to be aware of is the VAH at the 102K area. The more resistance it can reclaim the more bullish its turning. Hard rejections or inability to reclaim resistances can lead to further downside to targets I mentioned yesterday. Please be aware.
As I said, Im long term bullish. Were in a bull market. But as an aware trader you got to know both possible scenarios. Thats what I try to lay out in my analysis. Other experienced traders can probably catch these good shorts down. I applaud them. But as I said me personally Im a longer from dips down to major support levels. If it dips again, I just DCA more & dont stress it. BTC this day 2 years ago was trading near the 16K level. Just remember what dips or crashes in crypto will recover in due time just as every pump will correct in due time. Goal is to be on the side of profits👍💰