Pattern: Breakdown from a consolidation triangle.

Resistance: $88,800 - $89,200 (Former support turned resistance).

Support: $86,000 and $85,000 (Psychological level).

Trend: Short-term Bearish.

My Trading Plan: 🟢 Safe Entry: Looking for a retest of the $88,500 - $89,000 area to enter Short positions if rejection candles appear.

🔴 Stop Loss: Above $89,800 (Invalidation point).

🎯 Take Profit Targets: $86,200 and $85,100.

Caution: Avoid FOMO buying here. Wait for a confirmed trend reversal above $90k before considering long positions. Stay disciplined!

$BTC

BTC
BTC
68,984.94
+3.68%

#Bitcoin #CryptoTrading #TechnicalAnalysis #BinanceSquare #BearishTrend