#BTC Update | Trend still BEARISH 📉
BTC fell ~6% in 24h to ~$68.5K after $622M in liquidations (mostly longs), a strong USD and ETF outflows. 1D/4H/1H structure remains bearish; price sits on the $68.2K Weak Low with no bullish CHoCH yet.
Plan (day trade): wait for a pullback, don't chase.
🔴 SHORT: $69.5K–$70.0K (supply/OB), only after a rejection candle
🛑 SL: $71.0K
🎯 TP1: $68.3K | TP2: $67.0K
⚠️ Invalid if 1H closes above $71.7K (equilibrium).
Long scalp only if price sweeps $68.2K and reclaims it with a bullish CHoCH → target $69.5K, tight SL.
Risk max 1–2% per trade, low leverage. Weekend liquidity is thin, watch for wicks.
Not financial advice. DYOR.
#BTC $BTC
BTC fell ~6% in 24h to ~$68.5K after $622M in liquidations (mostly longs), a strong USD and ETF outflows. 1D/4H/1H structure remains bearish; price sits on the $68.2K Weak Low with no bullish CHoCH yet.
Plan (day trade): wait for a pullback, don't chase.
🔴 SHORT: $69.5K–$70.0K (supply/OB), only after a rejection candle
🛑 SL: $71.0K
🎯 TP1: $68.3K | TP2: $67.0K
⚠️ Invalid if 1H closes above $71.7K (equilibrium).
Long scalp only if price sweeps $68.2K and reclaims it with a bullish CHoCH → target $69.5K, tight SL.
Risk max 1–2% per trade, low leverage. Weekend liquidity is thin, watch for wicks.
Not financial advice. DYOR.
#BTC $BTC
