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BTC – Trend & Trade Plan
1️⃣ Trend Bias
Bears remain in control; short-term downtrend is firmly established.
2️⃣ Technical Outlook
4H: Five consecutive red candles, clear breakdown after retesting key pivot support. Minor technical bounce, but bearish structure intact.
Daily: Violent whipsaw yesterday (sharp up + down). Candle closed red with long upper wick → strong overhead selling pressure. Likely to remain in consolidation, with intensified bull–bear battle.
1H: Weak pullback rhythm continues; holding 118,000 as temporary support. Expect bears to re-test this zone after consolidation.
3️⃣ Key Watch
Break below 118,000 → further downside opens.
4️⃣ Trade Plan
Bias: Sell the rally.
Entry zone: 119,200 – 119,500
Target: 117,600
Risk: Use strict stop-loss management.