Bitcoin ($BTC ) recently touched the $99.9K level but couldn't maintain that position, leading to a significant pullback. Current lower timeframes indicate weakness and early signs of distribution, with momentum decreasing as sellers gain control near this psychological resistance.
Trade Setup (Short):
Entry Zone: $99,450 – $99,600
Take-Profit (TP): $98,300
Stop-Loss (SL): $100,200
Market Outlook: The inability of Bitcoin to close above the $100K mark establishes a strong psychological barrier. This rejection may lead to further declines as buyers appear hesitant. The focus is now on the $98K zone as the next critical support level.
Stay connected with the community and seize this opportunity before the market shifts — now is the moment to capitalize on the trend!
The giants are offloading — make the smart short move and ride the reversal wave!
