$BTC Just Made Its Move… But Is the Party Already Over....?
$BTC SHORT
Entry: 59,600 to 59,900
SL: 60,300
TP1: 58,900
TP2: 58,300
TP3: 57,600
After a sharp pump toward the $60K zone, Bitcoin is showing signs of exhaustion on the 15m chart. The rejection near resistance could trigger a pullback as short-term traders take profits.
A failure to reclaim $60,000 may open the door for a move back toward lower support levels.
The question is:
Was this breakout the start of a bigger rally, or just a liquidity grab before another drop?
Click here to Trade
$BTC SHORT
Entry: 59,600 to 59,900
SL: 60,300
TP1: 58,900
TP2: 58,300
TP3: 57,600
After a sharp pump toward the $60K zone, Bitcoin is showing signs of exhaustion on the 15m chart. The rejection near resistance could trigger a pullback as short-term traders take profits.
A failure to reclaim $60,000 may open the door for a move back toward lower support levels.
The question is:
Was this breakout the start of a bigger rally, or just a liquidity grab before another drop?
Click here to Trade