I am bearish on $BTC .Bitcoin is having weak low and I don't think it could go further up but keep an eye on its resistance.

If Bitcoin successful breaks it's trendline like this this would go further down for sure.I am expecting a retest after the breakout.

RSI showing 46.6 in 15 minutes timeframe this means bears are taking in control slowly . Moreover I can see bearish divergence on RSI indicator. Minor Bearish Break Of Structure is also formed showing further bearish confirmation.Major CHoCH already formed.Lets see.

๐Ÿ“‰ Key Support Levels to Watch

- $101,327

- $97,700

- $95,330

- $93,745

๐Ÿ“Š Entry Strategy

๐Ÿ”ป Short Entry:

- Enter below $101,327

- SL: $103,500

- TPs:

- TP1: $99,200

- TP2: $98,000

- TP3: $95,700

- TP4: $94,000

Key Resistance

- $104,000: If Bitcoin breaks this, it could rally to $108,000+ ๐Ÿ’น

#MicroStrategyAcquiresBTC #USConsumerConfidence #USTaxExemptionPlan