🚨 $BTC Losing Momentum – Distribution Phase?
$BTC facing rejection near resistance and now trading in a weak structure. Price action clearly showing lower highs & fading bullish strength.
📉 Market Insight:
• Repeated rejection from resistance zone
• Short-term MAs acting as resistance
• Volume increasing on sell-offs = smart money exiting
🎯 Trade Idea: SHORT
Entry: 68,200 – 69,000
Stop Loss: 70,200
Targets:
TP1: 67,000
TP2: 65,800
TP3: 64,200
⚠️ If support breaks, expect sharp downside continuation — no strong bids below.
💬 Pro Tip:
Amateurs buy the hype.
Professionals trade the structure.
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