$BTC BEARISH MOMENTUM ACCELERATING, HIGH PROBABILITY CONTINUATION SETUP



Short #BTC

Entry: 65,000 – 65,180
SL: 65,520

TP1: 64,700
TP2: 64,350
TP3: 63,900

The recent price action shows sellers firmly in control after a sharp rejection from the intraday highs, followed by a series of lower highs and lower lows. The breakdown below the previous support has shifted that area into a supply zone, while the bounce remains weak, suggesting liquidity is still sitting below the recent low around 64,950. As long as BTC trades below 65,500, the downside structure remains intact and another sweep toward lower support levels is the higher-probability scenario. A sustained reclaim above the stop-loss area would invalidate the bearish setup and signal that buyers are regaining control.
BTC0.38%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned