4-hour bearish signal turns red! Bitcoin rebounds and goes short
The 4-hour chart of Bitcoin shows a weak rebound, MACD dead cross, Bollinger Bands middle track suppression, and declining volume. Descending channel + moving average bearish arrangement, rebounds lack sustained momentum. Core strategy: go short when the rebound hits resistance, set stop loss at the recent high, and follow the trend!
Bitcoin can lay short positions around 88500, 89500, targeting 87500. If it breaks, continue to look down at 86000.
