$BTC Trade Setup

Bitcoin is forming an M pattern on the 4-hour time frame.

If Bitcoin does not close the daily candle above 89,000, then the pattern can play out.

For confirmation of this pattern, Bitcoin must close a 4-hour candle below 86,000. In this case, Bitcoin will fill its CME gap that is formed at 84,000.

-- Trade Setup --

Those who trade in futures, if they trade on this trade setup, then they can make a profit of $127 or a loss of $27 from a short trade of Bitcoin with a $50 margin and 50x leverage.

Enjoy.

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