$BTC Urgent UPDATE 🚨
My outlook is clearly Bearish 📉BTC still looks weak below $80K.1H and 4H structure are bearish and liquidity is sitting lower near $78K.
As long as BTC stays below $80.8K–$81K, I still prefer shorts on bounces.
Yesterday we took short above 81,000 and it already went Almost 2500 Points down giving us really good profit 🔥 I Booked 80% of my profit at 78,800 and I'm now holding 20% of my short trade ..And yes I I'll add more when It will give more bounce towards 79,650 – 80,050 ..This is maximum bounce I'm expecting ..
Those who want to take fresh Entry cab enter at bounce .
SHORT SETUP 👇
Stop Loss: 81,300 for fresh entries ..I will keep same sl at 82.9k because I entered at top
Targets:
78,750
78,200
77,500
76,300
Move SL to breakeven once first target hits and trail profits gradually.
Trump's visit , PPI data ,Powell replacement in Fed and my technical analysis all are supporting bearish outlook .
$ETH and $SOL and all other projects that I told in our group will retrace it as it is .
Best of luck 😎
#SolanaTreasuryQ1SPSUp108 #PredictionMarketRisingCompetition #BitGoQ1RevenueUp112Percent #USPPISurge #TrumpVisitsChina