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Everyone’s buying the dip on BTC — but the 1D trend just screamed “bearish” at 95% confidence.
$BTC /USDT - SHORT
Trade Plan:
Entry: 62446.91 – 62699.63
SL: 63786.31
TP1: 61663.49
TP2: 61056.97
TP3: 60147.19
Why this setup?
• RSI on 15m is 64 (overbought for a short setup) — this is the trap before the drop.• 4h ATR shows 505 volatility, meaning TP1 at 61,663 is the first liquidity grab.• Why now? Price is hovering at the 62,573 entry ref while the daily structure is still crumbling.
Debate:
Is this the fake pump before a cascade to 61K, or are shorts about to get liquidated into TP3?