$BTC /USDT Short Technical Breakdown (30M Timeframe)

Bitcoin is showing clear bearish momentum on the 30-minute chart after a strong rejection from the 71,000 resistance zone. This rejection led to the formation of lower highs, signaling weakening buying pressure.

Price has broken below the 69,000 support level and continues to trade in a descending structure. Recent pullbacks are weak, confirming that sellers remain in control. As long as BTC stays below the 69,200 resistance area, downside continuation is likely.

The current structure favors short positions toward lower liquidity zones.

Trade Setup

Entry Range: 68,300 – 68,600

Target 1: 67,600

Target 2: 66,800

Target 3: 66,000

Stop Loss: 69,300

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