SHORT IDEA in BITCOIN
2024-11-10

Hello, fellow traders!

I’m sharing a short idea on BTC. Bitcoin has recently reached over 79,300, and I’m opening a short position with a stop-loss (SL) at 80,200 and a take-profit (TP) at 76,200.

While I agree with the overall bullish trend on BTC, it seems like the price is moving up a bit too quickly. I’m expecting a possible pullback to around 76K, with a further potential drop to the 72-73K range. Based on this, I’ve decided to open a short position.

Looking forward to hearing your thoughts on this trade!