Setting up a Short Sale on Bitcoin — Expect Rejection 🩻
$BTC On the 4-hour chart, it is pressing against the downtrend resistance line, and momentum is clearly fading near the 67k–68k supply zone. Every attempt to reach this area has faced selling pressure, and the structure still prints lower highs.
This is a tactical short idea — not emotional.
Trading plan:
🔽 Trend: Short Sale ✳️ Entry: 67k – 68k 🛑 Stop Loss: 68.2k – 68.5k ( Above the trend line + last shadow zone )
🎯 Targets: • 66k • 65k • 64k • 63k • 61k
If rejection is confirmed with increased red volume, continuing toward the lower demand block becomes very likely.
However — if the price accepts above 68.5k, the structure changes and short trades quickly lose their edge.
Altcoins are likely to bleed if #BTC the price turns from here.
$BTC on the 4H is pressing into a descending trendline resistance, and momentum is clearly fading near the 67k–68k supply zone. Every push toward this region has met selling pressure, and structure is still printing lower highs.
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Setting up a Short Sale on Bitcoin — Expect Rejection 🩻
$BTC On the 4-hour chart, it is pressing against the downtrend resistance line, and momentum is clearly fading near the 67k–68k supply zone. Every attempt to reach this area has faced selling pressure, and the structure still prints lower highs.
This is a tactical short idea — not emotional.
Trading plan:
🔽 Trend: Short Sale
✳️ Entry: 67k – 68k
🛑 Stop Loss: 68.2k – 68.5k ( Above the trend line + last shadow zone )
🎯 Targets:
• 66k
• 65k
• 64k
• 63k
• 61k
If rejection is confirmed with increased red volume, continuing toward the lower demand block becomes very likely.
However — if the price accepts above 68.5k, the structure changes and short trades quickly lose their edge.
Altcoins are likely to bleed if #BTC the price turns from here.
$BTC on the 4H is pressing into a descending trendline resistance, and momentum is clearly fading near the 67k–68k supply zone. Every push toward this region has met selling pressure, and structure is still printing lower highs.
This is a tactical short idea — not emotional.
Trade Plan:
🔽 Bias: Short
✳️ Entry: 67k – 68k
🛑 Stop Loss: 68.2k – 68.5k (above trendline + recent wick zone)
🎯 Targets:
• 66k
• 65k
• 64k
• 63k
• 61k
If rejection confirms with increasing red volume, continuation toward the lower demand block becomes highly probable.
However — If price accepts above 68.5k, structure shifts and shorts lose edge quickly.
Alts likely bleed if #BTC rolls over from here.