BTC — bull trap in the makingPrice is approaching a descending trendline, and a fake breakout toward $90K could offer a clean short setup.
1️⃣ Trendline test incoming
BTC is nearing a key downward trendline. A breakout could trigger a push into the $88.7K– GETTEX:92K zone (H12 OB / range low).
2️⃣ Short setup area
If price reaches that zone, it becomes a prime candidate for short entries, targeting:
📉 $82.3K (monthly open)
📉 $76K–78K (D1 FVG zone)
3️⃣ Not a good spot now
At ~$85K, we’re stuck in “diddle in the middle” — no clear edge for new entries. Best to stay patient and wait for either:
Trendline breakout + deviation above $90K
Or weakness at $88.7K (previous weekly high)
4️⃣ Beware April games
Expect potential April manipulation — fake breakouts followed by sharp rejections. Stay sharp, and don’t chase pumps blindly.
🧭 Plan:
Wait for a clean sweep above $88.7K–$90K → watch PA for weakness → consider short.