$BTC

$BTC BEARISH REVERSAL SETUP

Bitcoin has shown a strong upward rally followed by rejection from the recent high zone around 116,000, confirming a short-term bearish reversal on the 15-minute timeframe. The sharp red candle after multiple green candles indicates selling pressure and a possible correction phase.

Entry (Short): Below 114,800

Targets (TP): 114,000 / 113,600 / 113,000

Stop Loss (SL): 115,600

Technical View:

After a quick bullish impulse, price faced resistance and formed a lower high. Momentum is weakening, signaling that sellers are gaining control. If the support near 114,800 breaks, further downside is expected toward the mentioned targets.

Risk Management:

Risk only 1–2% of your capital per trade and move your stop loss to breakeven after the first target is hit.

#BTCAnalysis #CryptoTrading #Bitcoin #PriceAction #TechnicalAnalysis