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Why are 95% of traders ignoring the 4h short setup on BTC right now?
$BTC /USDT - SHORT
Trade Plan:
Entry: 63312.17 – 63635.39
SL: 65025.21
TP1: 62310.21
TP2: 61534.49
TP3: 60370.92
Why this setup?
The data screams SHORT with 95% confidence. 1D trend is bearish, and RSI on 15m is at 65.47—overbought in a downtrend. Entry zone: 63,312–63,635. Targets: TP1 at 62,310, TP2 at 61,534. ATR of 646 on 1h means volatility is high—this move could hit TP2 fast. Why now? Price is rejecting resistance right at the 4h moving average.
Debate:
Is BTC dumping to 60k or bouncing from here—what’s your play?