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Everyone’s buying the dip on BTC, but the 4h chart just flashed a 95% confidence SHORT signal.
$BTC /USDT - SHORT
Trade Plan:
Entry: 64248 – 64532
SL: 65752
TP1: 63368
TP2: 62687
TP3: 61665
Why this setup?
Why now? RSI on the 15m is at 35.74—already weak, not oversold enough to reverse. 1D trend is bearish, and ATR of 567 on the 1h shows volatility is contracting, often a prelude to a breakdown. Entry zone at 64,390 with TP1 at 63,368 means a quick 1K drop is the path of least resistance.
Debate:
Are you scaling into shorts here, or do you think the invalidation at 65,299 will save the bulls?