Hello Traders! Here’s my thought on the next move for BTCUSD crypto pair. This market did break above a significant structure level at $45k but failed to sustain the bullishness to turn $45k into support, so we’re down again under the same key level and that gives us room to the downside. Hence, i’m currently short on the BTC , waiting for a retracement to further confirm $45k as resistance again before I short.

But things could change really fast on this pair, so it’s best to just stay reactive and see how things develop before taking a trade position. DISCLAIMER: Our analysis are not a recommendation to Buy or Sell. It is strictly for educational purposes only.