BTC/USD: Bearish Vibes Persist – Setting Up for a Swing Short!

Market Outlook: Riding the Downside Wave

Hey KoraFX fam! Hope you're all having a productive week. Looking at BTC/USD today, it's pretty clear we're in a bearish trend. The price is currently sitting around 66743, and man, what a drop – over 6% down in the last 24 hours! We've seen it dip as low as 65408.14 in the day range. This kind of movement often comes with a broader 'risk-off' sentiment in the market, putting pressure on growth assets like crypto. We're testing those immediate support levels like 66700 and 66650 pretty hard right now.

Technicals & My Trade Setup

With the current weakness, I'm eyeing a swing short on this one. The charts don't lie, folks – the momentum is definitely to the downside. I'm looking for a retest of some weaker resistance before a further move down. My entry for this short is set at 67170. If we get that bounce and rejection around those 66800-66850 resistance levels, it's a solid confirmation for me.
My Stop Loss is