🟠 $BTC COIN (BTC) — BEARISH TRADE SETUP
Bitcoin is currently trading at 67,125.85, down -2.29%.
I'm watching BTC closely because the market is showing bearish pressure. If sellers maintain control, another downward move could develop.
Market Details:
- Coin: BTC
- Current Price: 67,125.85
- PKR Value: Rs 18,566,338.85
- 24H Change: -2.29%
📉 Trade Plan — SHORT
- Entry: 67,125.85
- Target 1: 65,783.33
- Target 2: 64,440.82
- Target 3: 63,098.30
- Stop Loss: 68,468.37
Why This Setup Works:
BTC is showing negative daily performance, indicating selling pressure. I'm looking for a failed bullish recovery or a confirmed breakdown retest to enter a short position. Continued bearish momentum could push the price toward the planned targets.
Trade Management: Book partial profits at every target. Protect your capital by respecting the stop loss.
Wait for price confirmation before taking the trade.
Bitcoin is currently trading at 67,125.85, down -2.29%.
I'm watching BTC closely because the market is showing bearish pressure. If sellers maintain control, another downward move could develop.
Market Details:
- Coin: BTC
- Current Price: 67,125.85
- PKR Value: Rs 18,566,338.85
- 24H Change: -2.29%
📉 Trade Plan — SHORT
- Entry: 67,125.85
- Target 1: 65,783.33
- Target 2: 64,440.82
- Target 3: 63,098.30
- Stop Loss: 68,468.37
Why This Setup Works:
BTC is showing negative daily performance, indicating selling pressure. I'm looking for a failed bullish recovery or a confirmed breakdown retest to enter a short position. Continued bearish momentum could push the price toward the planned targets.
Trade Management: Book partial profits at every target. Protect your capital by respecting the stop loss.
Wait for price confirmation before taking the trade.
