Bitcoin trade Idea #BTC 📌 Trading Plan (Bearish Bias Near Resistance)
Based on current price action , I am bearish near resistance ($94,500-$97,000) and looking for a short setup if BTC shows signs of rejection. However, I will also consider a long on a dip if BTC pulls back into a bullish order block.
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1️⃣ Primary Setup: Short Near Resistance (Bearish Bias)
📉 Bias: Bearish at $94,500-$97,000 (Key Liquidity Zone & Bearish OB)
✅ Entry: $94,500-$97,000
🎯 Target 1: $92,500 (Liquidity Pool)
🎯 Target 2: $90,500 (Bullish OB & Prior Breakout Zone)
🛑 Stop-loss: Above $98,000 (-1R)
📊 Risk-to-Reward (R:R): 2R to 5R, depending on exit.
Reasoning:
Buy-side liquidity sits above $94,500-$97,000, making it a prime area for smart money to distribute and reverse.
Bearish Order Block (OB) could act as resistance.
If DXY finds support, BTC could struggle to break higher.
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2️⃣ Alternative Setup: Long on Dip (Only If Retest of Bullish OB)
📈 Bias: Bullish only on a retrace to demand zone.
✅ Entry: $90,500-$91,000 (Bullish OB)
🎯 Target 1: $94,500 (Liquidity Target)
🎯 Target 2: $97,000 (Major Resistance)
🛑 Stop-loss: Below $89,500 (-1R)
📊 Risk-to-Reward (R:R): 3R to 6R, depending on exit.
Reasoning:
Bullish OB at $90,500-$91,000 is a high-probability long zone.
If DXY stays weak, BTC could push higher before rejecting.
Liquidity grab below $91,000 could fuel a rally to $94,500+.
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🔥 Execution Plan
✅ Main Focus: Shorting near resistance ($94,500-$97,000) unless BTC shows strong continuation.
✅ Secondary Plan: If BTC pulls back first, I will consider a long at $90,500-$91,000 for a move up.
✅ Stop-Loss Discipline: Cutting trades quickly if invalidated to protect capital.
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📌 Final Thoughts
Primary Bias: Bearish near resistance.
Waiting for confirmation (e.g., rejection wicks, market structure shift) before shorting.
Long setup is only valid if BTC dips into demand first.
