$BTC is showing a short-term bearish trend on the 1H timeframe, with lower highs and lower lows indicating sustained selling pressure after rejection near $83,158.
Price is consolidating around $81,590 above the key support at $81,200, while resistance at $81,650–$81,900 must be reclaimed to improve bullish continuation probability.
Trade Setup (Short)
EP: 81,550–81,650
TP: 81,200 / 80,900 / 80,700
SL: 81,950
The bearish scenario remains valid while BTC stays below $81,900, whereas a sustained breakout above this level would invalidate the short setup; a strong hold above $81,650 could signal a potential bullish recovery.
Price is consolidating around $81,590 above the key support at $81,200, while resistance at $81,650–$81,900 must be reclaimed to improve bullish continuation probability.
Trade Setup (Short)
EP: 81,550–81,650
TP: 81,200 / 80,900 / 80,700
SL: 81,950
The bearish scenario remains valid while BTC stays below $81,900, whereas a sustained breakout above this level would invalidate the short setup; a strong hold above $81,650 could signal a potential bullish recovery.