$BTC /USDT – BEARS HOLD CONTROL AS PRICE STRUGGLES TO RECOVER
Bitcoin has slipped from $123,946 to $121,313 before finding minor support, but current price action remains weak with lower highs and low-volume bounces. Unless BTC reclaims $122,000 quickly, sellers may push toward deeper supports in the near term.
Trade Setup (Short Bias):
Entry Zone: $121,500 – $121,700
Take Profit 1: $120,800
Take Profit 2: $120,100
Stop Loss: $122,200
Market Outlook:
Momentum favors the bears with a clear downtrend on the 15m chart. A decisive break below $121,300 could trigger another wave of selling toward $120K. Bulls need a strong close above $122,500 to shift short-term sentiment.
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