I really think btc needs to hit the supply of the grey area which is app. 59400-59600. before going down to 54000s or 52000s. I placed my short order to the point I showed on the analysis.
I wanted to try opening a short position at the (almost) highest level of supply. My stop is very close so my risk is not even 1R. I think BTC needs more demand to go higher and faster. Demand might be lower than my reward poz but I don't wanna risk a lot. I opened the position at the perfect spot.
