BTC/USD SHORT TRADE IDEA

Analysis: BTC did a nice rebound so far, and we have a nice opportunity to short the market. The current bullish momentum is the second part of the usual dead cat bounce formation, before the major crash of the market. I think we will have a strong reversal and the bear market will be activated. The 40-45k is too big to be passed, but it could be tested again before the crash. I am not planning to wait, because we could have bearish momentum from the current price zone as well.

Conclusion: Bearish - opened short position-