Everyone is bullish on $BTC but I’m looking the other side 👇
Bitcoin is currently reacting from a major long-term bearish trendline.
📉 Price tapped the trendline → showing rejection
This could be the start of a deeper move if weakness continues.
🎯 My Trade Setup:
🔻 Entry: 76,000
🛑 Stop Loss: 82,000
🎯 Target 1: 40,000
🎯 Target 2: 30,000
🧠 Why I’m bearish:
Long-term trendline respected
Rejection from key zone
Potential liquidity grab above highs
Bitcoin has always shown this behavior in its history
when everyone starts taking long positions, that’s often when BTC crashes.
And let’s be honest…
Bear markets don’t just disappear overnight.
There’s still a lot of distribution left.
Big players need liquidity — and retail excitement often provides exactly that.”
#bitcoin #crypto
Bitcoin is currently reacting from a major long-term bearish trendline.
📉 Price tapped the trendline → showing rejection
This could be the start of a deeper move if weakness continues.
🎯 My Trade Setup:
🔻 Entry: 76,000
🛑 Stop Loss: 82,000
🎯 Target 1: 40,000
🎯 Target 2: 30,000
🧠 Why I’m bearish:
Long-term trendline respected
Rejection from key zone
Potential liquidity grab above highs
Bitcoin has always shown this behavior in its history
when everyone starts taking long positions, that’s often when BTC crashes.
And let’s be honest…
Bear markets don’t just disappear overnight.
There’s still a lot of distribution left.
Big players need liquidity — and retail excitement often provides exactly that.”
#bitcoin #crypto