May 7, 2026

Shorting bitcoin to 45.2k

Shorting bitcoin to 45.2k

Shorting bitcoin to 45.2k

Shorting Bitcoin to 45.2k

Bitcoin / TetherUS BINANCE:BTCUSDT
KoenM


Shorting bitcoin to 45.2k

Bitcoin is currently forming a rising wedge after falling from the previous high, under a daily resistance. The rise was mainly driven by shorts closing as the drop in Open interest and volume shows which happened after our break of the 45k resistance.. looking to retest this area as support before further continuation

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