Hitting 60,800 and still didn’t move, let alone now. As long as there isn’t a “black swan,” even if the price later breaks below the previous low of 58,000, the short side’s follow-through won’t be very strong #BTC
There’s not much to hesitate near the recent low. Buy in batches at the current BTC price of 58,800—start with 61,800. Hold the bigger picture and aim for 64,800. #BTC
US stocks and Korean stocks are all taking a hit. The risk of purely betting on panic sentiment is still pretty high. I've closed all my short positions around 62200 as planned, and I'm now looking to flip the script and test the waters with some long positions at #BTC .
Bitcoin hit a peak rebound at 66400 early this morning. My sell order at 66800 didn't get triggered. Since the liquidity isn't great, I'm holding steady. Let's see how the charts play out at 62200#BTC .
If you're holding a short around 64000 on Bitcoin, aim to close it by the end of the day. If we break through the 65000 resistance level effectively, it might be worth considering a long for a bounce. #BTC
Don't overthink the market; Bitcoin is still capped around 65000. Today, it couldn't even break 64000. Just scale into your shorts and leave room for a potential re-entry. Keep an eye on 62400 below, and the next level to watch is 61200#BTC .
Why complicate things? If the range hasn't broken, just trade the sideways action. I'm long on BTC at 61200 and plan to take 2200 points profit before exiting at #BTC .
Bitcoin gave two signals to short above 64000. The hold time was a bit lengthy. I was aiming for a long-term play, anticipating a drop below the 60000 mark, but I didn't exit. Overall, the strategy was pretty clear, and I finally closed at 61300, raking in 3000 points.
The Bitcoin strategy remains unchanged, and the ideal entry point is still above 64000. In the early session, we saw a spike hitting this level before reversing. A breakout above 66000 requires a stop-loss. For now, we’re eyeing 60500#BTC as our first support level.
If BTC hits resistance at 65000, I’m looking to short at 64000, might scale in. If we break 66000, gotta set a stop loss. For short-term, eyeing down to 62200. For the overall trend, let’s see if we break that 60k psychological barrier #BTC .