BTCUSDT Bearish Trend : Sell Targets and Strategy**
#BEARISHđ #bearishmomentum #BTCUSDT. #BinanceSquareFamily #Write2Earn!
The overall trend for **BTCUSDT** appears bearish, and now could be a good time to consider **selling**. Recently, Bitcoin completed a **harmonic pattern** near the **$66,500 level**, signaling a potential for a significant **downward movement**. Following this pattern, the initial price reaction was positive, which supports the likelihood of a bearish phase.
In past movements, BTC has shown similar behavior around the current price area, making it a good opportunity for **profit-taking** at key levels, such as:
- TP1 : $59,800
- TP2 : $55,710
- TP3 : $52,800
- TP4 : $50,580
For risk management, set your **stop loss (SL) at $65,000**.
Conclusion :
As Bitcoin continues its downward trend, focus on selling near the strong zones identified for potential **profit-taking**. These target levels present opportunities in a bearish market for traders aiming to capitalize on this movement. Stay cautious and manage your risk with a set stop loss.
