BTC/USD Analysis: Short Bias This Week

BTC/USDShortSwing4h ago2 views

Trade Setup

Entry Price

63627.00

Stop Loss

66652.00

Take Profit

59089.00

Risk : Reward

1 : 1.50

RiskReward

Technical Analysis

Looking at the 4-hour chart, BTC/USD is showing a clear double bottom pattern near the 63627 level.

Fundamental Context

The macro environment favors short positions on BTC/USD. Keep an eye on upcoming data releases.

Trade Setup

Risking 1-2% of account on this setup. Clear invalidation below 66652.

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