Share my views on the upcoming Bitcoin trend and how to position for Bitcoin:
🥇 Personally, I believe Bitcoin will likely retrace to the range of 89500-90200, which is the support position of the Bollinger middle band on the daily chart! This is also one of the two strong support levels for this wave of upward correction【the other is 85500-86000】!
🥈 In terms of positioning, I personally suggest focusing on short positions for now, with a stop loss at 95100 and take profit around 89600-90200.
You can set buy orders in this range; if you catch a few thousand points rebound, it is highly likely to happen.
🥉 The current market speculation is very sensitive to emotions and news 💬, and the above analysis cannot predict some sudden events, so it's important to keep an eye on news related to market trends in real-time!
Currently holding positions in private domain
Bitcoin short position
Dogecoin short position!
Currently, both are showing small profits!