🚨 BTC Market Update
Bitcoin($BTC )n is showing weakness after the recent sell-off in US equities. The breakdown below a key support zone suggests bearish momentum could continue if buyers fail to reclaim higher levels.
📉 Trade Idea: Short $BTC on a retest
🔹 Entry Zone: 61,850 – 62,150
🔹 Stop Loss: 63,600
🔹 Targets:
✅ TP1: 61,000
✅ TP2: 60,750
✅ TP3: 60,200
✅ TP4: 59,500
✅ TP5: 59,130
I'm watching for a retest of the broken support area before adding further positions. Risk management remains the priority as volatility is increasing across the market.
⚠️ This is not financial advice. Always manage your risk and do your own research.
#Bitcoin #BTC #BTCUSDT #BinanceSquare #CryptoTrading #BitcoinTrading #CryptoMarket #TechnicalAnalysis #Binance #CryptoNews #PakistanCrypto #TradingSignals #MarketUpdate #Altcoins #Blockchain
Bitcoin($BTC )n is showing weakness after the recent sell-off in US equities. The breakdown below a key support zone suggests bearish momentum could continue if buyers fail to reclaim higher levels.
📉 Trade Idea: Short $BTC on a retest
🔹 Entry Zone: 61,850 – 62,150
🔹 Stop Loss: 63,600
🔹 Targets:
✅ TP1: 61,000
✅ TP2: 60,750
✅ TP3: 60,200
✅ TP4: 59,500
✅ TP5: 59,130
I'm watching for a retest of the broken support area before adding further positions. Risk management remains the priority as volatility is increasing across the market.
⚠️ This is not financial advice. Always manage your risk and do your own research.
#Bitcoin #BTC #BTCUSDT #BinanceSquare #CryptoTrading #BitcoinTrading #CryptoMarket #TechnicalAnalysis #Binance #CryptoNews #PakistanCrypto #TradingSignals #MarketUpdate #Altcoins #Blockchain