Six strong reasons that confirm the success of this deal on $BTC

Reasons for the success of the sale deal on the 4-hour frame for BTC/USD:

1. Repeated rejection at resistance (104.3–104.5)

A strong psychological floor where the price has stopped repeatedly.

2. Overbought on RSI (>70)

Indication of an imminent correction after excessive rise.

3. Reversal Doji/Pin Bar candle

A long upper wick confirms the entry of sellers.

4. Risk/Reward ratio ≈1:2

Risk 0.6%–0.8% against a target of 1.2%–1.5%.

5. General selling pressure

Continuous decline with every attempt to rise above 104,000.

6. For details of the deal, click on my profile's first pinned post.

#BTCUSD #bitcoin #SellSetup #CryptoNewss

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