BTCUSD — 3H Bearish Reversal Setup

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BTCUSD — 3H Bearish Reversal SetupBitcoin / U.S. dollarBITSTAMP:BTCUSDFrankAgbo Bitcoin is showing a rejection from the 81,000–82,000 zone after a strong rally. The latest candles indicate sellers stepping in, with price falling back toward 79,600. 🔴 Bearish Scenario The chart favors a short setup if the rejection continues and BTC loses the nearby 79,200–79,000 area. 📍 Entry zone: ~79,200–79,000 🛑 Stop Loss: ~82,400 🎯 Take Profit: 72,932 🔑 Key Levels Resistance: 81,000–82,000 Current price: ~79,605 Trigger/support: 79,200–79,000 Major downside target: 72,932 🧠 Why? BTC made a sharp push above 81K but failed to hold those highs. That creates a potential liquidity sweep/rejection. If sellers continue producing lower highs and price breaks the local support, the move toward the larger ~72,932 support becomes more plausible. ⚠️ Invalidation: A strong 3H reclaim above 82,000–82,400 would weaken this bearish setup considerably. BTCUSD | 3H | Bearish below 79K | SL 82.4K | TP 72.93K #BTCUSD #Bitcoin #BitcoinTrading #CryptoTrading #PriceAction #TechnicalAnalysis #MarketStructure #TradingView #BTCAnalysis #ShortSetup #Crypto #TradingSetup