Good afternoon, brothers. Bitcoin rebounded to the first resistance level I provided at night and then started to decline, reaching a new low. The decline throughout yesterday was only slightly offset by this night's rebound. Currently, the market's downward momentum has weakened, but the overall rebound is still not strong enough, and the main trend remains consolidation, with a focus on the non-farm payroll data at 9:30 PM tonight! Let me share my views for everyone to participate: now everyone is watching 88-85 (some even watching 7.3), which indicates that selling pressure at this position is strong. The market makers may not necessarily drop to the bottom to let everyone get on board immediately, just like the recent drop that washed out many bulls; when everyone is bullish, it goes the other way.
I find it very difficult, at least for now I can't see it, but buying a rebound at a good price is still worth a try. This is just my personal opinion.
MORE AND MORE DOLLAR
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Even if you think the long-term outlook is positive, do you really have confidence in continuing to invest like this?
$USUAL the price will probably continue to plummet below 0.89. This chart doesn’t look good ; bitcoin currently still attempting to cross 98k and most importantly we are not sure if the French creator is still onboard or left the ship. Will be good to take profit or cut some losses then revisit at under $0.89. I took the bag at 1.51 then , did some trades within the band 1.22-1.35. As of now, I’m just waiting for a re entry or better spend my chips on the btc eth sol dips. DYOR.
will there be a pullback or it’s an official bull run again towards end year ?
TURTLE TRADING
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Bullish
#MarketPullback $BTC $BNB $SOL
As I told you guys Yesterday. That market Gives you oppurtunity to make money and how it gives you that chance to Add in Your positions is by Going Down.. so if you guys Bought yesterday or the day before Yesterday you can Sit back and Enjoy your profits.
After exiting the V-shaped movement, it continues to oscillate. From the current four-hour structure, the big coin's volume is decreasing, and the MACD is gradually forming a golden cross with an oversold phenomenon moving upwards.
Personal suggestions for Saturday: For the big coin, look around 97800-98800, and aim for 96600-96200. For the altcoin, look around 3500-3520, and aim for 3435-3415.