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Everyone is waiting for a bounce on BTC — but the 4h data is screaming something else.
$BTC /USDT - SHORT
Trade Plan:
Entry: 63874.1 – 64072.1
SL: 64923.4
TP1: 63260.4
TP2: 62785.2
TP3: 62072.5
Why this setup?
95% confidence SHORT signal on BTC. 1D trend is bearish, RSI on 15m sits at 37.67 — still room to drop. Entry zone at 63973.1 with TP2 target at 62785.2. The ATR of 396 on 1h confirms volatility is compressing, not reversing. Why now? Because the “buy the dip” crowd is wrong until the invalidation level at 64522.4 breaks.
Debate:
Are you fading this bearish setup or loading shorts before the weekend?