📉 $BTC 1-Hour Chart Outlook – July 31, 2025

Bitcoin is retesting Monday’s low at $117,300 – a key supply zone. This looks like a solid shorting opportunity 🔻

Trade Plan #1: 🔹 Short Entry: CMP / $117,300

🎯 Target: $114,000

🛑 Stop Loss: $117,800

🚨 If price breaks below $114K & $113K, expect a liquidity hunt. Watch for a possible V-shaped recovery near $114,000–$113,400. That bounce could push price back toward the $120,000 liquidity zone.

Trade Plan #2 (If weakness continues):

If BTC fails to hold $114K–$113K, we may see another flush toward $111,000–$109,000, trapping FOMO longs 👀

⏳ No need to rush entries. Let the price action confirm.

For now, focus remains on short setups.

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