$BTC – Bearish Continuation Setup 📉
Bitcoin saw a sharp sell-off followed by a weak relief bounce, keeping downside pressure active.
On the 15m timeframe, price is trading below EMA 25 & EMA 99, with a clear lower-high structure.
The bounce from 74,600 looks corrective, and rejection near EMA25 confirms bears still control momentum.
🔻 Trade Setup (SHORT)
Entry: 76,400 – 77,000
🛑 Stop Loss: 77,900
🎯 Targets:
TP1: 75,400
TP2: 74,600
TP3: 73,200
Bias: Bearish
BTC needs to reclaim and hold above 77k to invalidate this setup.
Until then, shorts are favored on pullbacks into EMA resistance.
#BTC #btc70k #berish #MarketCorrection $SOL