This trading analysis for Bitcoin futures ($BTC /USDT) proposes a very short-term short selling strategy.
The identified market bias is lateral with a slightly bearish inclination.
It is recommended to initiate the short position (short entry) around the level of $90,800 USD.
Risk management is crucial, setting the Stop Loss (SL) level at $91,700 USD. This level delineates the invalidation of the thesis, and it is advised that if the price rises above this zone, the setup is discarded. $BTC
The profit-taking objective (Take Profit or TP) is set in a dynamic range between $89,000 USD and $87,800 USD.
This plan is effective immediately and expires at the close of business on Monday of next week. $BTC
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