$BTC

– RANGE OR ROLLOVER? BEARS STILL IN CONTROL

WEAK BOUNCES. LOWER HIGHS FORMING.

BTC/USDT is struggling to gain momentum after repeated rejections near $118,800–$119,000. Price continues to print lower highs and lower lows, with the latest rejection pushing BTC back below $118,300. Unless bulls reclaim $119K with conviction, the structure favors further downside.

Trade Setup:

Short Entry: $118,400 – $118,600

Take Profit: $117,600 / $117,000

Stop Loss: $119,200

Break below $117,427 could accelerate the drop toward key liquidity zones.

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