BTC: Awaiting $52k Breakout for Shorts

13 feb

BTC is approaching a local level with diminishing volumes, indicating a setup for a breakout. I expect the price to reach the $52,000-$53,300 range, after which I'll start considering opportunities for opening short positions. This moment could be pivotal for traders looking to capitalize on a potential pullback after reaching the specified range. It's crucial to watch for additional signals and confirmation of the downward trend before entering the trade.