Bitcoin
Short
Updated

BTCUSD... 4H CHAT PATTERN

161


### 🔻 **Trade Setup (Short Position)**

* **Entry Price:** **1031**
* **Stop Loss:** **1040** (−9 points)
* **Target 1:** **9960** (+71 points)
* **Target 2:** **9726** (+305 points)

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### ⚠️ **Important Note**

BTCUSD is currently trading well above **1031** — more likely in the **\$60,000+** range (as of recent 2025 data). So:

🔸 If you meant **1031**, this price level is far too low and not reflective of current BTCUSD trading.

🔸 If you meant **10310**, then your trade setup makes sense.

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### ✅ Assuming Corrected Setup:

* **Sell Entry:** **10310**
* **Stop Loss:** **10400** (−90 points | \~0.87%)
* **Target 1:** **9960** (+350 points | \~3.39%)
* **Target 2:** **9726** (+584 points | \~5.66%)

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### 📈 **Risk-Reward Ratios**

* **To Target 1:** \~3.89:1
* **To Target 2:** \~6.49:1

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### 🧠 Trade Considerations

* Great risk-reward if price is indeed at or near 10310.
* Watch for price rejection at or near resistance zones.
* Confirm bearish signals (e.g., RSI divergence, volume drop, bearish candlestick patterns).
* Be cautious if support holds near 9960 or 9700.
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