$BTC Signal: Short (Intraday Trend Continuation)

Entry: $78,200–$77,800

SL: $80,500

TPs: $76,200 / $74,500 / $73,800

Technical Context (Bearish Bias)

BTC is in a short-term downtrend, trading below key moving averages (MA20, MA50, MA200), and recently rejected at the lower Bollinger Band. The MACD remains negative, and RSI is in the neutral zone but weak.

Despite a recent bounce, price action is still under pressure, and unless BTC breaks above $79k–$80k with strong volume, it’s likely a dead cat bounce or relief rally within a broader bearish trend.

Bias: Continuation of downtrend

Confirmation: Look for rejection candles or bearish divergence on lower timeframes (1h/2h) at resistance #btc70k