BTC SHORT TO $94,760

Finally some clarity from BTC, well worth sitting on our hands for a short period. We created a short term down trend with multiple confirmations (SMA break and rejection, LL's & LH's etc) a retracement back to the golden ratio and a rejection from a major key level has resulted in some bearish momentum for BTC and all correlated markets.

We'll se how this plays out as exhaustion will play some restriction in the momentum BTC can hold although i do think the target / 61.8% retracement level will be met of $94,760

Also currently waiting on BTC to produce a new LL on the 1H time frame so lets see how that pans out. I have moved stop to $11,065 to lock in 1.5% as we've been out the market for a few days.

P.S, sorry slightly late on posting this idea