Bearish Rejection on $BTC
After a clean sweep of the $82,660.4 high, $BTC printed a crisp Change of Character (CHoCH) and reacted right off the local Fair Value Gap (FVG). Momentum is turning sharply downward toward the open liquidity underneath.
Trade Setup
Entry: $82,070.8
Stop Loss: $82,660.4
Target 1: $81,708.6
Target 2: $80,840.7
After a clean sweep of the $82,660.4 high, $BTC printed a crisp Change of Character (CHoCH) and reacted right off the local Fair Value Gap (FVG). Momentum is turning sharply downward toward the open liquidity underneath.
Trade Setup
Entry: $82,070.8
Stop Loss: $82,660.4
Target 1: $81,708.6
Target 2: $80,840.7