Short Bitcoin

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### 📉 Micro Bitcoin Futures (MBT1!) - 4H Chart Analysis 🕵️‍♂️

**Current Price:** $83,725
**Chart Type:** 4H (CME Futures)

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### 🔍 Market Context:
- MBT is currently facing resistance at the **200 EMA** and the marked **supply zone** around **$84,000–$86,300**.
- After failing to break this resistance, price has started a retracement.

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### 🧠 Trade Idea:
We're watching for a **pullback into the demand zone** between **$80,000 – $80,950**, where buyers have previously shown strength.

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### 🔧 Strategy Setup:
- **Entry Zone:** $80,000 – $80,950 (Demand Area)
- **Stop Loss:** Below $79,920 (Structure invalidation)
- **Target 1:** $83,700 (Previous high / 200 EMA area)
- **Target 2:** $86,300 (Top of supply zone)

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### 📊 Indicators:
- **RSI** is cooling down from overbought levels.
- **MACD** showing early signs of a bearish crossover – supporting short-term retracement thesis.
- **Volume** appears to be decreasing on the drop – suggesting potential for buyer re-entry soon.

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### ✅ Trade Bias:
**Bullish on pullback.**
Waiting for price to retest demand and form bullish confirmation before entering long.

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🔔 **Note:** Patience is key. Let the price come to the zone. Enter only on confirmation (e.g. bullish engulfing, pin bar, or reversal divergence on RSI/MACD).

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