#MarketPullback *Bitcoin Alert: Potential Downturn*
Bitcoin's recent rally might be followed by a significant drop. Here's what to watch:
*Key Points*
1. *Price*: Currently around $94,000, with a recent high of $96,000.
2. *Bearish Pattern*: A bear flag structure is forming, indicating potential downward movement.
3. *Support Break*: Former support levels are now resistance.
*Trading Strategy*
1. *Short Entry*: Consider entering a short position around $94.8K-$95.2K.
2. *Stop-Loss*: Set at $95.536.
3. *Target*: $91.734.
*Caution*
1. *Timing*: Act quickly, as market movements can be swift.
2. *Discipline*: Stick to your trading plan.
Keep a close eye on Bitcoin's price movement and adjust your strategy accordingly. $BTC