$BTC USDT – BEAR FLAG BREAKDOWN CONFIRMED! DOWNSIDE PRESSURE BUILDING
FAILED TO HOLD ABOVE $120,000
WEAK REBOUND FROM INTRADAY LOWS
$BTC is showing signs of exhaustion after multiple rejections near the $120,200 resistance. The recent drop to $118,222 and failure to reclaim key support now turned resistance ($119,000–$119,450) suggests continuation of the downtrend.
TRADE SETUP (SHORT):
• Entry: $118,500 – $118,800
• Targets: $117,800 / $116,900
• Stop Loss: $119,600
Momentum remains in bearish control as sellers dominate short-term structure. A breakdown below $118,000 could accelerate downside.
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