⚠️⚠️Attention! The Bitcoin trend reversal signal has been confirmed, have you missed this opportunity?
Bitcoin has been in a high-level oscillation range, seemingly choosing a direction, but in reality, it's just allowing retail investors to get in, conducting a bait-and-switch operation, while holding onto short positions, as fear leads them to take profits or stop losses, thus the downward pressure will be very small.
Currently, this is just the beginning of the decline, after two months of rising, a significant correction is inevitable, which is also a very reasonable trading situation. In previous articles, I mentioned that when Bitcoin reaches $100,000, the market cap will directly increase by $1 trillion! However, the entry capital is only a few hundred billion dollars, and some of it is just turnover funds, which means that the speculative uplift consensus price is deviating from the actual price that the market is willing to buy, so sooner or later, it will return to the real price range.
Perhaps everyone understands that $100,000 is a major barrier for Bitcoin, but not many realize that shorting Bitcoin at $100,000 has a very good risk-reward ratio. If you dare to short, you could earn 15,000-20,000 points from Bitcoin! This is the path that must be taken in the bearish market for Bitcoin, even if it means hitting stop-losses! Many people ask why, and it’s simply because the blood-stained chips are within these ranges; the speculator will push the price to where there is more money to harvest!
For those who are shorting, even if you are stuck in a short position, patiently wait for the market to arrive; what is most needed in trading is patience after identifying the situation, being able to strictly execute the established trading strategy, doing a good job of placing take-profit orders, focusing less, and enjoying life more, this is the charm of trading.
Shorting take-profit points:
First target 93,000
Second target 90,500
Third target 87,000
Set your take-profit and stop-loss based on your own situation. Here’s a friendly reminder: reaching the target does not mean you should take all profits; you can decide how much position to liquidate based on your position size. Position management is a very important lesson in trading systems, and those who don’t understand it must learn online thoroughly.
The hardest thing in the world is actually making money, after all, billions of people globally are trying every possible way to earn money from others, and of course, it's also the easiest thing for those who are powerful or are leaders in their industries; otherwise, you should ask yourself why?!