Bitcoin Short Trade Setup: Bearish Pressure Below $103,600

Bitcoin is facing stiff resistance near $103,966. After tapping an intraday high of $103,661, the price is showing signs of weakness and entering a consolidation phase. Volume remains steady at 104.09K, hinting at ongoing distribution.

šŸ“‰ Updated Trade Plan

Entry Zone: ~$103,500

TP1: $103,150 (minor support zone)

TP2: $102,650 (major liquidity pocket)

Stop-Loss: Above $103,950

As long as BTC trades below $103,600, bearish momentum could dominate. A volume spike on the downside may trigger a sharp drop toward $102,650.

🧠 Trader’s Mindset

Precision Over Emotion: Wait for price confirmation before entering.

Protect Capital: Stick to stop-loss discipline—capital preserved is profit earned.

Think in Probabilities: No setup is guaranteed. Play the odds, not emotions.

Adapt Quickly: If momentum shifts, don’t hesitate to exit or reverse bias.

āœ… Final Remark

This analysis is informational, not financial advice. Use it as guidance—but make trade decisions you can own, based on your risk appetite.

ā€œIn trading, your best edge is consistency, not prediction.ā€

$BTC