Bitcoin is showing clear bearish momentum on the daily chart! 🚨 Currently trading at ~$66,156 after a sharp -2.24% drop in the last 24 hours, with the high at $68,438 and low testing $65,826.

Key indicators screaming caution:

Price has broken below all major EMAs: EMA8 (~68,223), EMA13 (~69,657), EMA21 (~72,431) – strong downward pressure!

Candles forming lower highs and lower lows in a clear downtrend channel.

RSI(14) at 32.5 – approaching oversold but still no reversal signal; RSI(6) even lower at ~30.7.

Stochastic showing K:39, D:46.9 – bearish crossover territory.

Volume supports the downside move.

This setup points to continued weakness. Bears in control – potential further slide toward previous support zones.

📉 SHORT Trade Forecast ($BTC USDT Perpetual):

Entry: Now around 66,156 or on pullback to 66,500–66,800

Take Profit: 62,000 (first target) → 59,800 (extended TP, near major low)

Stop Loss: 68,000 (above recent swing high & EMAs for protection)

Risk tight, reward juicy in this bear phase! Don't fight the trend – ride it down. 💥

Trade or SHORT $BTC / $USDT Now! Follow & turn 🔔 on for more setups ✅ Let's catch this move together!

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