🔴 BEARISH · $BTC
🔥 Chart's getting spicy on $BTC and I'm here for it. Cointelegraph reports Strategy put more cash into buying back its STRC preferred shares than into Bitcoin, so the big buyer just stepped back. $BTC is sitting at 77,860 right now.
📉 The four-hour bear flag is still forming, not confirmed yet
📌 Funding is positive, so longs are paying shorts
💡 Sellers still own the short-term structure
Bottom line: short bias, clear lean. An hourly close below 77,715 turns this into a short with room to 77,396. A reclaim of 78,081 kills the idea.
Would you short the breakdown or wait for the retest?
Keep your size small, use a stop, and always do your own research.
#BTC #CryptoNews #BearFlag
🔥 Chart's getting spicy on $BTC and I'm here for it. Cointelegraph reports Strategy put more cash into buying back its STRC preferred shares than into Bitcoin, so the big buyer just stepped back. $BTC is sitting at 77,860 right now.
📉 The four-hour bear flag is still forming, not confirmed yet
📌 Funding is positive, so longs are paying shorts
💡 Sellers still own the short-term structure
Bottom line: short bias, clear lean. An hourly close below 77,715 turns this into a short with room to 77,396. A reclaim of 78,081 kills the idea.
Would you short the breakdown or wait for the retest?
Keep your size small, use a stop, and always do your own research.
#BTC #CryptoNews #BearFlag
