Go short first, then go long and buy the bottom.
1) BTC is at the 0.618 position of the Fibonacci retracement from 535-720, which is a strong gravity position, that is, the pressure zone;
2) It rose from 535 to 650, an increase of 22%. If it rises too much, it will naturally retrace;
3) Mentougou compensation began to issue BTC coins to users, and Mentougou addresses began to transfer BTC;
It is estimated that the retracement will be at 0.618 or 0.382 positions in the small cycle, that is, 608 or 580 prices. Buy the bottom when the retracement is in place.
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