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$BTC Today's strategy thought. Will Bitcoin surge to 100,000?
Big Sister has already called for 100,000.
So, from a technical perspective: BTC
Actually, it has gone up for a short time, with no reference points. What you can see is the upward bullish trend.
According to my previous article about the bull market outline: This round of bull market outline.
In the previous two times when Bitcoin surged in volume, it was both 90%. This round is currently 85%, so there is still about 5% room left, which means it could reach around 100,000 to 110,000. A pullback might occur. (This is uncertain; it's simple, this surge is unusual, and many large institutions have already entered the market.)
If large funds continue to enter, the upward trend may continue.
Moreover, this rise has signals.
From the chart, starting from November 13, BTC's volume has been in a shrinking state, so everyone is observing. On the 19th, it started to fluctuate significantly, testing the bottom three times without going down, basically forming a shrinking upward situation.
So since it's gone up,
Should we go long?
What Doug said means that the best strategy is not to chase.
Current BTC price: 98,438, what to chase, how high is the risk, the situation is unclear, I have a better plan.
According to my logic, it will either reach 100,000 or hit a pullback.
So we can definitely look at the upper situation; if it shrinks again and can't go up, we can wait, or wait for a pullback to go long.
Isn't that more prudent? You agree, right?
So today’s strategy: (Observe the situation in the evening, go long at 95,700 or extend the upward trend line. If it breaks the trend line and doesn’t come back, then look at the situation to short. Of course, Big Sister has called for 100,000, and now both sentiment and fundamentals are bullish, so at the current position, I do not recommend chasing. You can wait for it to reach 100,000, which is still very strong, and if it can stabilize, go long, defending the same 100,000. If it can't go up, shrinks, and shows a doji star, etc., and then falls, short!)
ETH: If Bitcoin rises and Grayscale does not crash the market, go long; it has undeniable high potential for a rebound. 3
That is, Grayscale loves to crash the market.
Big Sister has already called for 100,000.
So, from a technical perspective: BTC
Actually, it has gone up for a short time, with no reference points. What you can see is the upward bullish trend.
According to my previous article about the bull market outline: This round of bull market outline.
In the previous two times when Bitcoin surged in volume, it was both 90%. This round is currently 85%, so there is still about 5% room left, which means it could reach around 100,000 to 110,000. A pullback might occur. (This is uncertain; it's simple, this surge is unusual, and many large institutions have already entered the market.)
If large funds continue to enter, the upward trend may continue.
Moreover, this rise has signals.
From the chart, starting from November 13, BTC's volume has been in a shrinking state, so everyone is observing. On the 19th, it started to fluctuate significantly, testing the bottom three times without going down, basically forming a shrinking upward situation.
So since it's gone up,
Should we go long?
What Doug said means that the best strategy is not to chase.
Current BTC price: 98,438, what to chase, how high is the risk, the situation is unclear, I have a better plan.
According to my logic, it will either reach 100,000 or hit a pullback.
So we can definitely look at the upper situation; if it shrinks again and can't go up, we can wait, or wait for a pullback to go long.
Isn't that more prudent? You agree, right?
So today’s strategy: (Observe the situation in the evening, go long at 95,700 or extend the upward trend line. If it breaks the trend line and doesn’t come back, then look at the situation to short. Of course, Big Sister has called for 100,000, and now both sentiment and fundamentals are bullish, so at the current position, I do not recommend chasing. You can wait for it to reach 100,000, which is still very strong, and if it can stabilize, go long, defending the same 100,000. If it can't go up, shrinks, and shows a doji star, etc., and then falls, short!)
ETH: If Bitcoin rises and Grayscale does not crash the market, go long; it has undeniable high potential for a rebound. 3
That is, Grayscale loves to crash the market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
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