BTCUSD Short/Sell SignalBitcoin / US DollarCOINBASE:BTCUSDKingTraderFXBitcoin (BTC/USD) – Tactical Short/Sell Positioning Framework From a technical perspective, Bitcoin is currently presenting a compelling short-side opportunity as the structure unfolds. After multiple failed attempts to sustain momentum above the $110,000 handle, price action has carved out a sequence of lower highs and retests of the same horizontal zone, a classic sign of weakening bullish conviction and potential distribution at elevated levels. The current chart reveals several critical dynamics: 1. Stop-Loss Placement (Risk Management Discipline) A prudent protective stop (SL) I have set at $112,800, just above recent resistance. This ensures adverse upside volatility is capped while preserving favorable risk-to-reward asymmetry. 2. Initial Breakdown Trigger Bitcoin’s repeated interactions with the 200-day moving average highlight the significance of this level as both psychological and structural support. A clean break beneath it could catalyze accelerated downside flows, inviting systematic selling and liquidations. 3. Downside Targets (Profit Objectives) Take Profit 1 (TP1): $100,070 This marks the first tactical support level, aligning with prior consolidation and offering a conservative initial profit capture. Take Profit 2 (TP2): $89,566 A more ambitious level, representing the mid-range support where prior accumulation took place. A breach of this zone would likely confirm a broader bearish continuation pattern. Take Profit 3 (TP3): $76,193 The ultimate downside objective in this framework, corresponding to deep structural support. Achieving this would imply a full retracement of the bullish leg initiated earlier in the year. 4. Strategic Interpretation This sequence of measured downside targets aligns with a tiered scaling-out methodology, ensuring that profits are progressively locked in as price declines. Such an approach maximizes capital efficiency while allowing flexibility to ride the broader bearish trend should momentum persist. My Conclusion The technical confluence of repeated resistance rejection, weakening market structure, and clear downside liquidity targets positions Bitcoin as a sophisticated short candidate at current levels. Risk is well-contained above $112,800, while downside projections toward $100K, $89.5K, and ultimately $76K create a compelling asymmetric opportunity.