🚀 $BTC : Bounce or Break? 📉
Bitcoin is fighting to hold the $67,300 support. The 4H chart shows a clear bearish structure, but are we due for a relief bounce? Here’s the play:
📊 Trade Plan
Entry: $68,400 - $68,800 (Wait for retest)
Stop Loss (SL): $70,500
Take Profit (TP): $67,300 | $66,000 | $64,800
🔍 Why this setup?
Trend: Trading below MA(7), MA(25), and MA(99)—bears are in control.
Momentum: Stochastic RSI is oversold (<25), suggesting a short-term correction before the next leg down.
Volume: Low buying
Trade $BTC here