Monday Morning BTC Strategy: Continue shorting, follow the trend!
New week, BTC spot has broken below 68k, currently oscillating between 67,900–68,000 (24h down ≈1.5%), weekend low of 67,370 confirms continued weakness. Bears dominate, rebounds lack strength.
4h Bollinger Bands opening downward, moving averages in bearish alignment, channel lower band providing clear resistance.
Hourly timeframe continuously declining from 71k pressure, momentum depleting, RSI oversold without strong rebound.
Primary strategy: Sell high on rebounds between 68300–68800
Stop loss: Above 69100
Targets: First redu
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