BTC/USD – 4H Technical Analysis | Short Position in Play

Bitcoin has confirmed a breakdown from the ascending structure after failing to hold above the mid-range support near 95K. The rejection from the 96,124 resistance zone (highlighted in red) combined with a clean break of the diagonal support suggests bearish momentum is building.

🔻 Position:
We have entered a short at 94,850, following the rejection and loss of bullish structure.

🎯 Target 1 (TP1):
Our initial target lies around 92,000, which aligns with the lower blue demand zone — a key area where we expect price to react. This zone also coincides with prior consolidation and horizontal support.

🧠 Scenario Planning:

If BTC holds 92K and shows bullish reaction (e.g., bullish engulfing, volume spike), we’ll consider partial profit-taking and reassess for a possible bounce.

A clean breakdown of the 92K level could open the door for further downside toward the next major demand zone below ~88K.

📐 Technical Confluence:

Break of structure & ascending trendline

Strong supply rejection from 96K

Bearish momentum sustained with lower highs


🔁 Trade Plan:
✅ Follow trend confirmation; don’t enter blindly

📏 Always place stop-loss above invalidation zones

📊 Monitor price action and volume near 92K for clues

🧠 Don’t FOMO — patience over impulse

⚠️ Risk Management Reminder:
Trading is probability-based — manage your risk accordingly. Use proper position sizing, place stop-losses, and never risk more than 1–2% per trade. This analysis is not financial advice; always do your own research (DYOR).