Most traders think BTC is bouncing—here’s why the 4H chart says it’s a trap.



$BTC /USDT - SHORT

Trade Plan:
Entry: 62134.5 – 62389.9
SL: 63488.1
TP1: 61342.8
TP2: 60729.8
TP3: 59810.4

Why this setup?
- Price at 62,262 with 95% confidence in a SHORT bias.
- 1D trend is bearish; 1H ATR of 510 shows volatility is ripe for a breakdown.
- RSI on 15m (57.22) suggests a dead cat bounce before the drop.
- TP1 at 61,342 is just 1.5% away—momentum favors the downside.

Debate:
Is this the last exit before 61k, or will BTC fake out to 63k first?
BTC1.64%
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