BTC/USD Short — Day Analysis

BTC/USDShortIntraday3h ago0 views

Trade Setup

Entry Price

63497.00

Stop Loss

65516.00

Take Profit

59459.00

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the 1-hour chart, BTC/USD is showing a clear double bottom pattern near the 63497 level.

Fundamental Context

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

Trade Setup

Position sized for 2:1 R:R. Will trail stop once in profit.

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