$BTC
/USDT – Short-Term Bearish Outlook
Market Structure
Price is currently trading around 86,700 – 86,800
The move up into this area looks like a corrective pullback, not an impulsive breakout
Overall structure still shows lower highs after the sharp rejection from the 90K regio
Key Resistance Zone
86,800 – 87,200
This zone is acting as local supply
Price is showing rejection wicks / hesitation here (as circled on your chart)
Lack of strong bullish continuation confirms weak buying pressur
Bias
➡️ Bearish continuation expected
This looks like:
A pullback into resistance
Followed by a potential impulsive drop
Matching the arrow projection you marked
Short Setup (Conceptual)
Entry Zone: 86,700 – 87,200
Invalidation: Clean break & hold above 87,400
Targets:
TP1: 85,600
TP2: 84,800
TP3: 84,000 (liquidity zone)
Confluence Factors
Rejection at prior support → resistance
Weak bullish candles near resistance
No volume expansion on the push up
Price still below major intraday suppl
Summary
As long as BTC fails to reclaim and hold above 87.4K, the bias remains bearish, and a move toward the 84K liquidity zone is very much in play.
If you want, I can:
Refine this into a post-ready script
Adjust levels for scalp vs intraday
Or align it exactly with your BTC/USDT template wording
Just tell me 👌