đ Evening Signal â BTC Short đ»
Bitcoin broke below the key $70,000 level and is trading near $68,795, down ~3.7% today. Momentum stays bearish with RSI near 29 and price below all major averages, while $1.6B in liquidations hit mostly longs.
đŻ Setup:
Entry (Market): $68,795
Stop-Loss: $70,700
TP1: $67,900
TP2: $67,000
Reason: breakdown below $70K + oversold RSI, trend still down â short the bounce, not the dip.
Stop-loss is essential. This is not financial advice â DYOR.
#BTC $BTC
Bitcoin broke below the key $70,000 level and is trading near $68,795, down ~3.7% today. Momentum stays bearish with RSI near 29 and price below all major averages, while $1.6B in liquidations hit mostly longs.
đŻ Setup:
Entry (Market): $68,795
Stop-Loss: $70,700
TP1: $67,900
TP2: $67,000
Reason: breakdown below $70K + oversold RSI, trend still down â short the bounce, not the dip.
Stop-loss is essential. This is not financial advice â DYOR.
#BTC $BTC
