Bitcoin/Tether
Short

Bitcoin Short to 97 K into cpi numbers

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In this video I cover the recent drop and what might be a great short on the horizon . With the V shape recovery off the defended 100K level I anticipate that we continue the move up to 107/108K before hitting some resistance and pushing us back into the range leading into the midweek . With cpi news release this could be the catalyst needed to trap the late buyers and drop us into 96K zone .

This video provides context and theory for this short setup so I encourage you to watch .

Tools used Vwap , volume profile , Fibonacci pulls .

Thanks for watching

Any questions please leave in the comments

Safe trading

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