Trade Type: Short (Sell)$BTC
Entry: 81,926.85
Stop-Loss (SL): 82,925.81 (999.96 points above entry)
Take-Profit (TP): 81,000.00 (926.85 points below entry)
Risk-Reward Analysis
Risk: ~999.96 points
Reward: ~926.85 points
Risk-Reward Ratio: ~0.93 (Slightly unfavorable, but acceptable if momentum supports downside continuation)
Trade Justification
Break of Trend Channel: Weakens the bullish momentum, indicating a shift in trend.
Double Top Breakdown: Suggests further downside after the support at 92,364 failed.
Target at 80,521 Met: Indicates bearish strength, increasing probability of continuation.
Support at 70,000: Possible next target if bearish momentum continues.
Risk Management & Considerations
If price moves near SL (82,925.81) with strong bullish momentum, consider exiting early.
If price approaches TP (81,000) and shows signs of reversal, book profits partially.
Keep an eye on overall market sentiment and news events that may impact Bitcoin’s movement.
Would you like me to refine this trade further or add more risk-management strategies?
#UkraineRussiaCeasefire #AltcoinETFsPostponed #USTariffs #MarketRebound #TheBitcoinAct