BTC looks heavy: Short setup brewing for a potential dip!

BTC/USDShortSwing4h ago0 views

Trade Setup

Entry Price

67440.00

Stop Loss

70646.00

Take Profit

62630.00

Risk : Reward

1 : 1.50

RiskReward

Market Scan & Technicals


Alright folks, George here checking in on BTC/USD. It's been a bit of a choppy one, hasn't it? The market's showing a pretty clear bearish trend, and we're currently sat around 66799. We saw a decent drop of about 1.59% over the last 24 hours, hitting a low of 65463.02 today. That 66750/66700 area has been acting as a bit of a support for now, but if that breaks, we could see more downside. On the flip side, we've got some resistance stacked up around 66850 and 66900, which price has struggled to get through. Charts don't lie, and right now they're telling me a story of sellers being in control.

My Swing Setup & Rationale


Given the current sentiment and

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