Traders, let's look at this traditional bearish chart setup.
1) For the past six months, there has been a bearish consolidation in the price of bitcoin.
The market appears to be in the distribution phase, 2) as seen by the decline in volume (you can observe volumes in a one-month timeframe).
I'm wishing you success and financial gain.
SHORT BTCUSDT
Current price: $60,408
Entry levels:
1) $61,000
2) $62,000
3) $63,000
Targets:
1) $52,500
2) $48,000
3) $42,444
4) $39,000
Stop-loss: $66,000
Potential profits: 70% - 200%
Capital allocation: 2%
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