Bitcoin ($BTC/USDT) Short Opportunity — Rejection Near $100K Signals Potential Downturn
Bitcoin recently approached the $99.9K mark but couldn’t maintain momentum, leading to a sharp drop. Lower timeframes suggest declining strength and early signs of sellers gaining ground — especially around the critical $100K psychological barrier.
Short Trade Plan:
• Entry Range: $99,450 – $99,600
• Target Profit: $98,300
• Stop Loss: $100,200
Market Insight:
The inability to break and hold above $100K is a strong warning sign. This level is acting as resistance, and with momentum fading, we could see a deeper move toward the $98K support zone. Traders should watch for further signs of weakness.
Reminder:
Smart money seems to be exiting. Don’t get left behind — take advantage of the trend and position for the potential reversal.
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