$BTC SUNDAY ANALYSIS #Bitcoin finally broke above $72K, exactlyBitcoinCRYPTO:BTCUSDCryptoSkullSignalBTC SUNDAY ANALYSIS #Bitcoin finally broke above $72K, exactly the level I told you I was watching. I also told you I would add more short positions around this area. I did it, and yes, my short is currently in loss. You can see the position on the chart. At one point, this trade was already more than $40,000 in profit, but I didn't close it because I was expecting the bigger move down. Now the situation has changed a little. BTC is testing the major weekly EMA resistance zone. You can see the 1W 50 EMA and 1W 99 EMA on the chart. The last time BTC reached this area, we got a rejection. Right now, $78K is the important level. If BTC gets a strong WEEKLY CLOSE above $78K-$82K, I will accept that my bearish setup is wrong and I will close my short, even if I have to take the loss. After that, I will update you about where I plan to start building a long position. Until then, I am still holding my short. And honestly, I still think this move can be a trap. A lot of shorts were sitting above and around these levels, so a sharp move higher can easily trigger liquidations and force shorts to close. For weeks, when BTC was trading around $64K-$65K, I kept telling you the same thing: this was the middle of the box, not the place I wanted to chase a long or short. I gave you the levels again and again. I was waiting for the breakdown. But the market chose the other direction. That's trading. Sometimes your analysis is right about the bigger picture but the market takes the opposite path first. My bearish view is still alive unless BTC proves otherwise with a weekly close above $78K-$82K. I started building this short around the $118K area, and I have shared the journey and the levels throughout my previous Sunday analyses. I was expecting much lower levels, and $50K is still a level I am watching. Let's see what the market gives us next. Profit or loss, I will update you when I change the plan. This is my personal analysis, not financial advice. DYOR.