as much as I hate to say it bitcoin:native NEEDS to close this weekly candle above 82,850 if it wants to stay bullish and kickstart a new bull market if we close below it then there’s a fair chance the last few weeks were just a HTF liquidity grab and we could revisit the lows again how low can we go? we’ll have a much clearer picture over the next few days as more candles form for now I’m treating this dip as a buying opportunity we haven’t even broken the LTF hourly structure yet and all the majors including bitcoin:native are sitting on key supports so you can either sit in your existing longs or look to add on confirmation I’m also holding a 5x hedge short on bitcoin:native and will continue holding it if we get a weekly close below the blue line if this dip gets deeper and we start breaking major 1H and 4H supports then the odds of a weekly close back below 82,850 increase significantly