$BTC Turning Ugly Again ☠️
Short $BTC
Entry: 83,500 – 84,500
SL: 85,500
TP1: 82,800
TP2: 82,200
TP3: 81,500
TP4: 80,500
Why:
$BTC is showing clear weakness on the 4H chart after rejection from 87,249. Price has dropped below MA7 (84,560), MA25 (85,229) and MA99 (84,621), turning the short-term structure bearish. Selling volume is also picking up as price approaches the key 82,500 support. A clean breakdown below 82,500 could accelerate the move toward 81,300 and lower.
#BTC Price Analysis# #Macro Insights#
Short $BTC
Entry: 83,500 – 84,500
SL: 85,500
TP1: 82,800
TP2: 82,200
TP3: 81,500
TP4: 80,500
Why:
$BTC is showing clear weakness on the 4H chart after rejection from 87,249. Price has dropped below MA7 (84,560), MA25 (85,229) and MA99 (84,621), turning the short-term structure bearish. Selling volume is also picking up as price approaches the key 82,500 support. A clean breakdown below 82,500 could accelerate the move toward 81,300 and lower.
#BTC Price Analysis# #Macro Insights#