BTC/USD Analysis: Short Bias This Day

BTC/USDShortIntraday5h ago4 views

Trade Setup

Entry Price

63612.00

Stop Loss

65131.00

Take Profit

59814.00

Risk : Reward

1 : 2.50

RiskReward

Technical Analysis

Looking at the 1-hour chart, BTC/USD is showing a clear ascending triangle pattern near the 63612 level.

Fundamental Context

Fundamental catalysts align with the technical picture here. BTC/USD has room to move.

Trade Setup

Risk:reward is 2.5:1. Stop loss at 65131, take profit at 59814.

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