Bitcoin (BTC) Short Analysis

Trend: $BTC

BTC

90,169.41

-0.24%

is currently showing bearish pressure after breaking below its previous uptrend line, indicating weakness in the short term.

Key Levels:

Support: $39,800 – $40,500

Resistance: $42,200 – $43,000

Trade Idea:

✅ Buy Zone: $40,000 – $40,500 (strong demand area)

🎯 Targets: $41,800 → $42,500

❌ Stop Loss: Below $39,500

Summary:

BTC is in a correction phase but holding near a potential reversal zone. If price stays above $40,000, a short-term bounce toward $42K is likely. A break below $39,500 could extend the downtrend.

If you want, I can also create another analysis picture with Buy/Sell/SL levels included.