Bitcoin $BTC Since breaking through 66.5K, we have been bullish, buying in, including last Sunday’s aggressive entry at 67.2K and the conservative entry at 69.5K, which has proven to be very profitable.
We also called for bottom buying at 49K and 55K, but the time gap is just too long for people in the circle; if we don’t get a few trades in a day, it feels awkward to speak up.
Currently, the price of Bitcoin is 76.2K, which has reached the targeted range of 76-78K. In my opinion, this is not the right time to chase in; the daily volume is decreasing, and there is a sense of stagnation, with multiple divergences on the hourly chart, so let’s patiently wait for a pullback.
Waiting for a pullback does not mean I suggest you go against the trend; I never take counter-trend trades. During the last daily pullback, some people tried to show off by going against me, thinking they were cool, but within a week they got completely wrecked when the price surged this time...
