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Most traders bought BTC at 63k—here’s why they’re about to get wrecked.
$BTC /USDT - SHORT
Trade Plan:
Entry: 62851.7 – 63183.7
SL: 64611.7
TP1: 61822.2
TP2: 61025.1
TP3: 59829.6
Why this setup?
95% confidence SHORT on BTC: 4h structure is bearish, RSI 15m at 53.38 shows no momentum for a breakout. With ATR 1h at 664, the move toward TP1 (61822) is a high-probability sweep.
Debate:
Are you scaling into shorts at 63017 or waiting for a retest of 63183?