$BTC – SHORT-TERM BEARISH OUTLOOK


Bitcoin is facing resistance around the 118,400–118,600 zone after multiple rejections. The price action suggests sellers are active near these levels, and momentum may shift back toward the 117,200–117,000 support region. A clean breakdown below 117,200 could accelerate bearish pressure, while only a decisive breakout above 118,600 would invalidate this outlook.


Trade Setup:


Entry (Short): 118,000 – 118,400


Stop Loss: 118,700


Targets: 117,600 | 117,200 | 116,800

#Bitcoin #BTCUSDT #CryptoTrading #PriceAction #CryptoAnalysis

image
August 17, 2025 at 6:54 AM
1
10
1
1
1
1
1
1