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Most traders think BTC is bottoming—$BTC /USDT’s 1D trend says otherwise.
$BTC /USDT - SHORT
Trade Plan:
Entry: 61419.9 – 61640.3
SL: 62588.2
TP1: 60736.5
TP2: 60207.5
TP3: 59414.0
Why this setup?
RSI on 15m is neutral at 50.23, but the 4h structure is SHORT with 95% confidence. ATR at 440 suggests volatility is compressing—break below 61,410 (entry low) targets TP1 at 60,736 and TP2 at 60,207. Why now? Waiting on invalidation at 61,035; if it breaks, the bearish setup dies.
Debate:
Are you shorting this dip or calling a fakeout before 62,588?