🚨#BTC110KSoon? #USChinaTradeTalks #TrumpTariffs BTC BOUNCED AT $110K ‼️ IS IT TIME TO SHORT? OR JUST A BULL TRAP? 🔍💣
Bitcoin (BTC) just touched $110,000 💥
But... it bounced back and slowly went down 😱
Is this a signal to SHORT?
Or just a healthy correction before continuing to rise? 🧠📉
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📊 FACTS ON THE CHART:
📍 Strong resistance in the $110K – $112K area
📍 RSI is starting to become overbought
📍 Buying volume is decreasing
📍 Daily candle starting to form a doji or selling pressure
What does it mean?
⛔️ Think twice before going higher
✅ The chance of correction is getting bigger
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🔻 SHORT STRATEGY FOR TRADERS:
1️⃣ Watch the 4-hour & daily candle — look for rejection signs
2️⃣ Use a tight stop loss above $110.5K
3️⃣ Target area down could be $105K – $102K
4️⃣ Don’t be greedy — follow the trend, don’t guess!
⚠️ REMEMBER BOSS!
Shorting is high risk, must be disciplined & don’t enter recklessly 🚫
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📉 TECHNICAL REASONS WHY SHORT MAKES SENSE:
🔹 The market has risen high since $60K without a major correction
🔹 Many profit takers (people selling to take profits)
🔹 Overbought indicators are starting to appear
🔹 FOMO sentiment is starting to fade
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💬 WILL BTC DUMP?
Not necessarily...
But corrections are healthy & normal, especially after a brutal rally 🚀
Usually the market takes a 'breath' first
Before deciding: continue to rise or create a bull trap 🫣
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📢 MESSAGE FOR BEGINNERS:
If you are not used to shorting — DON’T FORCE IT
Better to wait for a safe entry moment
You can also wait for the correction to finish to buy cheap 💸
