BTC/USD: Charting a Swing Short Despite the Bullish Buzz – Time for a Correction?
BTC/USDShortSwing7h ago4 views
Trade Setup
Entry Price
67532.00
Stop Loss
69679.00
Take Profit
63237.00
Risk : Reward
1 : 2.00
RiskReward
Hey everyone! Yui here, checking in from Osaka. BTC/USD has been on a decent run lately, currently sitting around 67103 with that 1.22% jump over the last 24 hours. The overall trend is definitely bullish, and we even touched 68445.06 today. But you know me, I always look at both sides of the coin. Sometimes, even in a strong uptrend, the charts tell you a different story for a potential short-term move.
Technical Read: Looking for the Dip
Despite the current bullish momentum, I'm eyeing a potential swing short here. My entry would be at 67532. Why? I'm looking for a retest of some weaker hands or perhaps a slight exhaustion rally before a dip. We've got resistance around **6
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