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Most traders are still long BTC — but the 4h signal just flipped SHORT with 95% confidence.
$BTC /USDT - SHORT
Trade Plan:
Entry: 65394.95 – 65567.29
SL: 66308.35
TP1: 64860.69
TP2: 64447.08
TP3: 63826.65
Why this setup?
RSI on 15m is already at 36, showing early bearish momentum. Price is rejecting the 1h resistance at 65,481. With the daily trend bearish and ATR wide at 344, a breakdown below 65,211 invalidates the setup. The first target is 64,860, and the next is 64,447 — both within range for a fast move.
Debate:
Are you shorting BTC here, or waiting for a retest of 65,567?