Everyone is calling for a BTC dump, but BTC just flashed an 84% long setup on the 4H.



$BTC /USDT - LONG

Trade Plan:
Entry: 60740.44 – 61199.50
SL: 58105.39
TP1: 63118.41
TP2: 64550.70
TP3: 66699.13

Why this setup?
While the daily trend is bearish, the 4H timeframe shows a contrarian long signal. The RSI at 32.22 on the 15M is oversold, and the ATR of 918 suggests volatility is contracting. With an entry zone between 60,740 and 61,199, the risk-to-reward targets 63,118 (TP1) and 64,550 (TP2). The stop at 58,105 is tight relative to the upside.

Debate:
Is this a dead cat bounce or the perfect trap before a breakout to 66,699?
BTC-4.02%
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