BTCUSD D1: Heavy BEAR liquidity at 12 000 USD(SL/TP)(NEW)

Why get subbed to to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates

BTCUSD D1: Heavy BEAR liquidity at 12 000 USD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more short-term
gains before reversal from overhead (BEARS).

🔸 Summary and potential trade setup
::: BTCUSD daily chart review / outlook
::: great gains so far recently
::: broke 10 000 heavy resistance
::: so overall future looks pretty good
::: HOWEVER some hurdles still remains overhead
::: key resistance: 12 000 USD / 12 600 USD
::: key support level: 9500 / 10 000 USD
::: recommended strategy now
::: SHORT from overhead resistance 12 000 USD
::: SL 12 300 USD TP1 10 200 USD TP2 9500 USD
::: bulls will likely run out of steam soon
::: also global stocks setting up for correction
::: DAX /US30/ QQQ
::: Finally August seasonality - BAD for BITCOIN
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply near 12 000 USD
::: fresh demand: 10 000 USD
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: PULLBACK/BEARS
::: Sentiment outlook short-term: BULLS