BTC trade update

in #btclast year

BTCUSD_2023-08-14_17-40-48.png

Still holding my short.

Nothing much has changes still just crab market, trading back in this range.

The dump and then buy back that occurred this morning is noteworthy and has me waiting to see if we start to see some bullish market structure, if that happens I'll be buying some spot BTC to hedge my short position.

As for the higher time frame not much has changed from last week, low volatility and just waiting for the market to choose a direction and then we can get the next expansion leg.

I still think we trade lower but whether that comes after another run of the current highs and possibly that 32400 liquidity we have to wait and see, boring market is boring.

Have been going through alts today, will post anything I find interesting.