I'm seeing a lot of traders trying to catch the bounce on $BTC ... but I'm not convinced yet. 👀
To me, the higher timeframe still deserves respect.
That's why I'm watching the short side.
🔴 $BTC — SHORT SETUP
📍 Entry: 63,030.14 – 63,074.46
🛑 Stop Loss: 63,534.07
🎯 TP1: 62,690.97
🎯 TP2: 62,450.08
🎯 TP3: 62,088.75
Trade $BTC here 👇
Here's what has my attention...
The daily trend is still leaning bearish, while this latest bounce hasn't shown enough strength to convince me the sellers are done.
Momentum also looks muted on the lower timeframe, which makes this zone interesting if price starts rolling over.
I'm not trying to predict a massive crash.
I'm simply trading with the higher-timeframe trend while keeping my risk clearly defined.
If buyers reclaim the invalidation level, I'll accept it and move on.
No emotional trading.
Now I'm curious...
Are you fading this recovery with me, or do you think Bitcoin is getting ready to surprise the bears? 👇📉
To me, the higher timeframe still deserves respect.
That's why I'm watching the short side.
🔴 $BTC — SHORT SETUP
📍 Entry: 63,030.14 – 63,074.46
🛑 Stop Loss: 63,534.07
🎯 TP1: 62,690.97
🎯 TP2: 62,450.08
🎯 TP3: 62,088.75
Trade $BTC here 👇
Here's what has my attention...
The daily trend is still leaning bearish, while this latest bounce hasn't shown enough strength to convince me the sellers are done.
Momentum also looks muted on the lower timeframe, which makes this zone interesting if price starts rolling over.
I'm not trying to predict a massive crash.
I'm simply trading with the higher-timeframe trend while keeping my risk clearly defined.
If buyers reclaim the invalidation level, I'll accept it and move on.
No emotional trading.
Now I'm curious...
Are you fading this recovery with me, or do you think Bitcoin is getting ready to surprise the bears? 👇📉