BTC looking cookedBTCUSD Perpetual ContractBYBIT:BTCUSD.PJohnnymkoolHaven't traded BTC in quite some time, and it's finally starting to look interesting. 107 was my major level to hold or lose, and we have officially lost and perfectly back tested it. We are currently in the GP for the top area and a well established daily support level. If this can't hold, there is no support until around 84k. I will be shorting for there if hourly closes below daily level begins happening. The 4hr level at 97k is a good SL to wait in see if more chop is needed but will re-enter ever loss of the daily level. Below 84k the next levels to be looking for 67k, then 59k. If you haven't been through a BTC cycle and don't think it's possible, welcome to the meat grinder.