$BTC Whoa, what a wild ride!!!
Bitcoin's position is super intense right now!!!
Will it break 78000? Is there still a chance to bounce back to 80k?
Guys, take a good look—on the hourly chart, we haven't even closed three solid candles below 78000, so this isn’t a valid breakdown yet!
Watch out for those fake breakdowns that can trap you.
We’re in a phase where both bulls and bears are getting wrecked, so don’t get too hyped.
For a small double bottom to form, we need to reclaim above 78200; otherwise, it’s all just a mirage.
If the price keeps oscillating within the channel, it’s just buying time. But if we break the lower edge of the channel, we’re heading straight for around 76100!
At that point, wait for a stop-loss signal; the prerequisite for that is getting back above 78000.
Want to start a bounce? Let’s talk about breaking 79500 first.
Resistance levels for Bitcoin are at 78300 and 79500, while support is at 77600 and 76200.
This wave of ETH shorts has been a blast, feeling good 😎😎
Preparing for the next trade!!! #比特币ETF净流入1.31亿美元
Bitcoin's position is super intense right now!!!
Will it break 78000? Is there still a chance to bounce back to 80k?
Guys, take a good look—on the hourly chart, we haven't even closed three solid candles below 78000, so this isn’t a valid breakdown yet!
Watch out for those fake breakdowns that can trap you.
We’re in a phase where both bulls and bears are getting wrecked, so don’t get too hyped.
For a small double bottom to form, we need to reclaim above 78200; otherwise, it’s all just a mirage.
If the price keeps oscillating within the channel, it’s just buying time. But if we break the lower edge of the channel, we’re heading straight for around 76100!
At that point, wait for a stop-loss signal; the prerequisite for that is getting back above 78000.
Want to start a bounce? Let’s talk about breaking 79500 first.
Resistance levels for Bitcoin are at 78300 and 79500, while support is at 77600 and 76200.
This wave of ETH shorts has been a blast, feeling good 😎😎
Preparing for the next trade!!! #比特币ETF净流入1.31亿美元