$BTC At $65,254.73, I prefer a short setup, but not an immediate market short. BTC is approaching a resistance area while the broader 4H structure is still showing lower highs. #bitcoin is also trading near a key chart level around $65K–$66K.
Setup: SHORT 📉
Entry: $65,500–$66,200
TP1: $63,000
TP2: $61,200
Stop Loss: $67,200
Why this setup?
4H structure remains bearish with lower highs.
$65.5K–$66.2K is a key rejection zone.
Momentum is weak below the descending trendline.
A rejection from the entry zone could open the path toward $63K → $61.2K.
⚠️ Important: Wait for bearish rejection/confirmation inside the entry zone. If #BTC cleanly breaks and holds above $66.2K, cancel the short idea.
CLICK here to trade 👇🏻
Setup: SHORT 📉
Entry: $65,500–$66,200
TP1: $63,000
TP2: $61,200
Stop Loss: $67,200
Why this setup?
4H structure remains bearish with lower highs.
$65.5K–$66.2K is a key rejection zone.
Momentum is weak below the descending trendline.
A rejection from the entry zone could open the path toward $63K → $61.2K.
⚠️ Important: Wait for bearish rejection/confirmation inside the entry zone. If #BTC cleanly breaks and holds above $66.2K, cancel the short idea.
CLICK here to trade 👇🏻