Bitcoin BTC Bears Regain Control: Watching for a Short Setup

3 giorni fa

📊 Bitcoin Analysis (BTCUSD)

Currently, Bitcoin is showing clear bearish intent on the higher timeframes 🧭. After an extended period of range-bound price action, we’ve now seen a decisive displacement to the downside 💥 — a strong signal that sellers are taking control.

From here, I’ll be watching for a retracement back into equilibrium ⚖️ — the 50% level of the most recent swing — and will then look for signs of rotation and a break of structure 🧩 on the 30-minute chart to confirm a potential short setup 📉.

Patience is key here 🕰️ — I want to see price react efficiently to that retracement before considering entries.

⚠️ Disclaimer: This is not financial advice. Always conduct your own analysis before taking any trade.

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BTC move your SL to breakeven now