BTC/USDT LOCAL Short Signal
2024-11-03

I'm observing a bearish trend on BTC/USDT. Bitcoin has broken through a significant support level around $67,606, indicating potential further downside. The setup is clear, with an entry just below the support level, aiming for a substantial move lower.

Bitcoin has shown continued selling pressure, with lower highs and lower lows, indicating a downtrend. The breakdown of support aligns with this trend, suggesting a continuation of the bearish momentum. This trade follows the momentum, aiming to capitalize on the downward move.

Disclaimer:
This is not financial advice. Please conduct your own research and use appropriate risk management in trading.