### **Bitcoin Price Analysis Chart (BTC/USD – 4H Timeframe)**
This chart presents a **bearish trade setup** for Bitcoin (BTC/USD) based on technical analysis. The key levels and trade plan are as follows:
### ** Key Levels:**
– **Entry Level:** **$86,790** – The proposed short entry point, suggesting that BTC may face resistance around this level.
– **Stop Loss (SL):** **$88,500** – If BTC moves beyond this level, the trade would be invalidated, as it would indicate a bullish breakout.
– **Target:** **$78,500** – A strong support zone where the price is expected to decline if the trade plays out correctly.
### ** Bearish Trade Scenario:**
1. Price is expected to approach the **resistance zone (~$86,790 – $88,500)** before rejecting downward.
2. A potential **double rejection** at resistance before a decline toward the support at **$78,500**.
3. The price could consolidate slightly before breaking downward, confirming the short position.
### ** Trade Plan:**
**Short Entry:** Near $86,790 (wait for confirmation).
**Stop Loss:** Above $88,500 to limit risk.
**Profit Target:** $78,500 for a strong risk-to-reward trade.