$BTC is currently showing bearish momentum as sellers are pushing the price down after failing to hold higher resistance levels. The market is seeing profit-taking and liquidation of leveraged long positions, which is adding more selling pressure. In the short term, BTC looks weak and may continue moving downward unless buyers step in at key support levels.
Short trade idea:
Entry around $66,000,
Stop Loss: $68,500,
Take Profit 1: $65,800,
Take Profit 2: $64,500.
If the price breaks the support strongly, it could drop further, but if BTC reclaims above $68,500, the bearish setup may become invalid. 📉💰
Short trade idea:
Entry around $66,000,
Stop Loss: $68,500,
Take Profit 1: $65,800,
Take Profit 2: $64,500.
If the price breaks the support strongly, it could drop further, but if BTC reclaims above $68,500, the bearish setup may become invalid. 📉💰