The crypto market is showing clear signs of weakness, and right now, the bears are in control. Just as I anticipated, my Bitcoin short positions are printing nicely. Friends, we are officially in a strong bear market cycle.
### Why I’m Bearish on $BTC Right Now
Bitcoin has been struggling to maintain momentum above key resistance levels. After the recent rally, selling pressure is clearly visible. Here’s what my current trading plan looks like:
- Current Short Position: Already in profit (“printing”)
- Next Target: $60,000 – This is a major psychological and technical support level
- Add-on Zone: If price rebounds to $80,000 – $85,000, I plan to add more short positions
This strategy is based on the overall market structure. We’ve seen repeated failures to break higher, increasing volume on down moves, and weakening bullish momentum across major timeframes.
### Key Points for Traders in This Bear Market
- Always respect risk management – never over-leverage
- Look for confirmation before entering new positions
- Major support levels to watch: $60K, then potentially much lower if it breaks
- Resistance to sell into: $80K–$85K zone looks attractive for fresh shorts
The market is giving clear signals. Those who stay objective and follow the trend (instead of hoping for a quick reversal) are the ones who usually come out ahead.
### Final Thoughts
This is not financial advice, but my personal market view. Bear markets can be brutal, but they also create excellent opportunities for disciplined traders. Stay patient, manage your risk, and let the market come to you.
What’s your view on Bitcoin right now? Are you bullish or bearish in this zone? Drop your thoughts in the comments below 👇
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