$BTC / Bitcoin — Sell the Rally Setup
I’m treating Bitcoin as a sell-the-rally right now. After the sharp selloff, price hasn’t shown real strength — the rebound is weak and we’re stuck in short-term distribution. EMAs are still overhead and acting like dynamic resistance, which tells me sellers are defending every bounce.
As long as BTC fails to reclaim and hold above 89,500, I’m favoring downside continuation. A clean acceptance above that level invalidates the idea and shifts me neutral.
Manage risk. Let price do the rest.#FedHoldsRates #GoldOnTheRise #WhoIsNextFedChair #VIRBNB #TokenizedSilverSurge