Bitcoin Shorting Opportunity: Order Block Resistance at $120KBitcoinCRYPTO:BTCUSDrealalvaritarfaBitcoin (BTC/USD) Shorting Opportunity: Order Block Resistance at $120K - Sep 5, 2025 This chart is a 1-day candlestick chart for Bitcoin (BTC/USD), created on TradingView.com on September 5, 2025, at 10:58 UTC+1 (11:04 AM WAT). It presents a potential shorting opportunity based on the following analysis: - Entry Point: Initiate a short position near $120,892.50, which aligns with the upper boundary of the Order Block (OB). This area likely represents significant institutional selling interest and a potential resistance zone. - Target: Aim for a profit target at $98,242.47, the recent low, indicating a potential downside move of approximately $22,650 per BTC. - Stop Loss: Place a stop loss at $123,286.98, just above the Order Block, to limit risk to about $2,394.48 per BTC if the price breaks upward. - Risk-Reward Ratio: This setup offers a favorable 1:9 risk-reward ratio, making it an attractive shorting opportunity if the Order Block holds as resistance. - Rationale: The Order Block, marked on the chart, suggests a reversal point where selling pressure may dominate. The recent "Sweep" and "Shift" annotations indicate a possible liquidity grab or trend change, supporting a potential decline toward the support at $98,242.47. The upward move from the low followed by a pullback reinforces this setup. Monitor price action closely around the Order Block, as volatility could impact the trade. Consider real-time data for confirmation.