Weekly BTC/USD Outlook: Short Opportunity
BTC/USDShortIntraday4h ago2 views
Trade Setup
Entry Price
69856.00
Stop Loss
72077.00
Take Profit
65414.00
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
Key support at 68023.76 is holding. Resistance at 70800.24 is the target.
Fundamental Context
The macro environment favors short positions on BTC/USD. Keep an eye on upcoming data releases.
Trade Setup
Entry at 69856 with stop at 72077 gives a clean 2:1 ratio. Target: 65414.
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