🚨 $BTC : IS A BIG SHORT SETUP FORMING?
Bitcoin continues to make small upward moves, tempting bulls to expect a reversal. However, the bearish structure remains in focus.
❌ Rejected near $87.3K
⚠️ Struggling to reclaim $85K
🎯 Key support zone: $82K–$82.5K
If BTC breaks below this support zone, the next levels to watch are $80K, followed by $77K–$78K.
My bias remains BEARISH. These short-term pumps haven't changed my overall outlook.
👀 I'm waiting for a confirmed breakdown before looking for another short opportunity. Avoid chasing the move without confirmation.
I've already opened a short position on $BTC ahead of tonight's CPI release. Volatility could be significant, so risk management is essential.
Let's see how the market reacts.
Bitcoin continues to make small upward moves, tempting bulls to expect a reversal. However, the bearish structure remains in focus.
❌ Rejected near $87.3K
⚠️ Struggling to reclaim $85K
🎯 Key support zone: $82K–$82.5K
If BTC breaks below this support zone, the next levels to watch are $80K, followed by $77K–$78K.
My bias remains BEARISH. These short-term pumps haven't changed my overall outlook.
👀 I'm waiting for a confirmed breakdown before looking for another short opportunity. Avoid chasing the move without confirmation.
I've already opened a short position on $BTC ahead of tonight's CPI release. Volatility could be significant, so risk management is essential.
Let's see how the market reacts.