Bitcoin (BTC): 2 Possible Shorting Opportunities
2024-10-08

Bitcoin is showing some kind of weakness where, on the other hand, we are too close to the local resistance zone, which could mean a possible movement to upper zones. 

Despite all that, we are seeing the lower zones to be reached so we have here 2 possible setups for Bitcoin where both of them would end up near $50K. 

Now all we can do is see how the market structure will develop and if we break or bounce from the current zone above EMAs!

Swallow Team 