BTC LTF Update Right after New York open, BTC sold off aggressively and broke the short-term uptrend. We then saw a small bounce where price retested the broken trendline, which lined up very well with local resistance and the 0.5 Fib level. With all EMAs also sitting within this zone, there was plenty of confluence for another rejection. Since rejecting from that area, BTC has continued lower and is now close to sweeping the recent low around $77.6K. This remains my main target for now and I believe we’ll likely take it out soon and retest the range lows again. From there, we’ll have to see how buyers react, especially since spot participation is currently almost completely absent. If that remains the case and bearish momentum persists, the chances of a deeper pullback increase further.(Max Trades)