$BTC Failed Bullish Attempt: The market has already rejected higher levels, notably $BTC 98,208, which is now considered an unlikely bullish recovery point.
Bearish Indicators: The setup suggests a classic bearish breakdown (e.g., lower highs, weakening volume, resistance retest failure).
Action Plan: Short positions are being taken in anticipation of a continued drop; each lower target being approached is viewed as confirmation.
---
Possible Confirmation Signals (that might be used):
Break and close below the trendline on 4H/daily chart.
Bearish RSI divergence or MACD cross.