$BTC
BTCUSDT
Perp
90,774.2
-1.63%
God compensates all those who have been liquidated, the long holders.
Glory to the short holders.
I said it before and I repeat it, every rise currently is just a correction of a downward trend.
$BTC
Important notice regarding the formation (BTC/USDT)
I don't want to be negative, but after breaking the formation in this area, I started to feel a great disappointment.
If Bitcoin cannot withstand and rise to that area in the short upcoming period,
it would not be able to rise again and break it once more until a complete price cycle has passed, which may last for two years.
Breaking the formation area indicates the possibility of entering a long-term accumulation cycle.
Futures groups should avoid long positions and focus on short trades until the situation becomes clearer.
Please adhere to portfolio management and risk mitigation.
Important notice regarding the formation (BTC/USDT)
I don't want to be negative, but after breaking the formation in this area, I started to feel a great disappointment.
If Bitcoin cannot withstand and rise to that area in the short upcoming period,
it would not be able to rise again and break it once more until a complete price cycle has passed, which may last for two years.
Breaking the formation area indicates the possibility of entering a long-term accumulation cycle.
Futures groups should avoid long positions and focus on short trades until the situation becomes clearer.
Please adhere to portfolio management and risk mitigation.
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