$BTC /USDT BEARS TESTING CONTROL BELOW KEY AVERAGES! ⚠️
Bitcoin is trading around 112,533, slipping below short-term moving averages (MA7 @ 112,737 and MA25 @ 113,136). Price is showing rejection near 113,700 resistance, signaling weakening bullish momentum. If sellers maintain pressure below 113,000, the market could see further downside in the short term toward key supports.
Trade Setup:
Short Entry: 112,900 – 113,200
TP1: 112,450
TP2: 111,900
TP3: 111,100
SL: 113,750
Market Outlook:
The structure suggests near-term bearish bias as long as price stays under 113,200. However, reclaiming and holding above 113,700 would invalidate the bearish view and re-open bullish momentum.
#BTC #CryptoTrading #BearishSetup #Bitcoin #MarketUpdate $BTC