Bitcoin Short Couldn't be more obvious – 5 to 1 trade
Bitcoin Perpetual Futures FTX:BTCPERP
With the aggressive downside move this week, buyers trying to take back control of market, but bears are not finished. I think bear market is upon us as weekly structure has been taken out for BTC .
PA is without question trending down with price below the 4H 50 EMA , and consistent lower lows, lower highs.
Good time to sit back and wait for the next short opportunity with PA destined to head back down.
Trade setup
SL: 32670
TP1: 23425
TP2: 20885
