Caution! BTC weekly chart replicates the double top from 2022, I am helping fans profit steadily during the fluctuations.
Recently, I've been watching the BTC weekly chart, and the more I look, the more anxious I become—this current trend is almost a carbon copy of late January 2022!
Both are double top patterns, the candlestick has broken below the MA60 bull-bear dividing line, stuck between MA120 and MA60, and the MACD has also fallen below the zero line.
I quickly sent a warning in the fan group, telling everyone not to rush blindly, this wave is likely to fluctuate for a month.
Many new fans in the group panicked, asking if there would be a big drop, and some even wanted to cut their losses and leave.
I remembered that wave in 2022, it was because they didn't see the double top trend clearly, fan Xiao Li rushed into BTC with all his funds, and ended up losing over 60,000.
This time, I clearly told everyone in advance, the fluctuation range is between 80000 and 100000, wait for a second retest, hold 80000 before taking action.
Indeed, last week BTC stabilized around 82000, I told everyone to enter with a small position, and take profit halfway at 95000.
Yesterday BTC surged to 93000, many fans made a profit and joyfully reported in the group.
I also specifically reminded them that in the next week or two, focus on the 80000 level; if it holds, we can repeatedly aim for 100000, if it breaks down, be decisive and stay out waiting for opportunities.
In trading cryptocurrencies, understanding the trend is much more important than rushing blindly.
Now many people are eyeing the 100000 key level wanting to chase, but they don't see the risks behind it.
Fans who follow my operations know that it’s important not to be greedy, wait for signals, and you can still profit steadily during fluctuations.
Next, we just need to wait for the test of the 80000 level, maintain our rhythm, and we can catch this wave of market steadily!
Those who can survive in the market and still make a profit have always been the ones who dare to reach out first.
Are you ready? @bit福多多
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