$BTC Bitcoin price experienced fluctuations yesterday, what will the trend be like next❓
From the daily level, I estimate that in the absence of volume in the next two days, it will consolidate within a range, and if the range breaks down, the 66500 area must be a support position‼️; from the 4-hour level, 69300 is an important support level. I estimate there are two possible developments: one is to consolidate first and move towards the middle Bollinger band to touch it, then start to fall; or directly continue to fall. In any case, once it breaks down, we will decisively take a short position and take profit entirely in the range of 66500 to 67000❗️
👍 Entry position
1. If you, like me, have already opened a short position, you can continue to hold. If you haven't yet, you can wait for confirmation of a break below 69300 to open a short position.
2. We recommended everyone to place buy orders in the range of 68000-68500 yesterday, but I suggest canceling that for now, as the current trend is likely to break down. You can wait to closely monitor for buying opportunities around 67000.
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