Silentnight

BITCOIN Range Rejection SHORT TRADE OPPORTUNITY 🔻
$BTC hits the upper edge of its month-long range again, sellers waiting at the door. The 73k–74k zone has acted as supply multiple times, and structure continues to show rejection whenever price approaches this area.
Market’s stuck between 74k-62k. Now, Strategy is short at the top, target mid & bottom.
Trade Plan
🔽 Short
✳️ Entry Zone: 73k – 74.1k (can start at CMP and scale using DCA)
🛑 Stop Loss: 74.8k
🎯 Targets: 72k, 70.8k, 69.5k, 68k, 66k, 64k, 60k
Reasons for BTC Shorting:
🔻 Price approaching range resistance
🔻 Previous rejections

Bitcoin (BTC) has shown remarkable resilience, rebounding from a recent 11% drop triggered by Middle East tensions. On Tuesday, prices surged to as high as $71,318 following reports of a potential de-escalation in the Iran conflict. However, the market remains "trapped" in a consolidation zone between $67,000 and $74,000.
Key Technical Levels (BTC/USDT)
Immediate Resistance: $74,071 (March High). A daily close above this level is required to confirm a bullish reversal toward $80,000.
Critical Support: $65,600. This level held firmly during the weekend sell-off. If lost, we could see a rete