$BTC peaked at 79880. For those of you who want to chase long positions, continue to do so. I've entered shorts again. For those who want to hype, please continue to hype.
Bitcoin has once again reached a new high, briefly approaching the 80,000 mark. The market is driven by emotion, and there's really no way around it. Currently, technical indicators hold no reference value. After Bitcoin's price peaked at around 798800, it has pulled back to around 79000. I see many in the square looking at big targets like 100,000 and 150,000. I must admit my limited ability; I truly can't find any reference value. Even if a real bull market is upon us, I have to ask: is this kind of market normal? The more the market pushes up like this, the bigger the traps above seem to be. There aren't that many philanthropists willing to take everyone along for a ride straight to 100,000. What are you thinking? We still need to stay clear-headed.
Currently, there are no technical indicators to speak of. I firmly believe in the bearish trend, and I will continue to short until 73000. If you want to chase long positions, please continue, and if you want to hype, please continue as well. Sell order points: continue shorting near 79300, with a stop loss at 80100, and targets at 77900-76300-75000-73800.
After this round of elections, I shorted Bitcoin from 76000. Did I reduce my position near 75000 to break even? Was there also a slight 1000 point profit before breaking even? Subsequent signals indicated shorting at 76250-76800, and did I also reduce my position at 75555? Afterward, breaking even? The price again peaked at 76300, suggesting to enter shorts at the current price, with an additional short at 76890, and it hasn't dropped down to around 75650 yet. It just didn't allow everyone to reduce their positions to break even. Later, the price peaked again and pulled back to around 76300, prompting me to inform everyone that the market might be consolidating instead of dropping, allowing all short positions to exit. That's also fine, right? This morning, I suggested continuing to short at 77400. This trade is a direct stop loss of one point, and there’s nothing more to say. I just don't understand why there are so many critics who blindly criticize? I don’t have that impressive technology here; you should pay attention to those teachers who always make profits. They can help you multiply your capital, the kind that can multiply your principal several times over, leverage 200 on those shady platforms. They can give you a principal that multiplies dozens of times. Everyone hurry up and go. #BTC挑战8W大关 #What’s the next step for the market? #BTC创历史新高 #鄂B炒家