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Looking at the resistance level of 100,000 on the chart, I personally feel that before Trump comes to power, it has all been false breakthroughs.
After a rapid rise this morning, it has been consolidating around 99,000 for a while now, and it is highly likely that it will pull back to between 97,500 and 98,000.
From the liquidation map, it shows that the long and short positions are almost balanced, which has led to the current consolidation. This indicates that retail investors are flooding into the cryptocurrency market. Everyone knows that when Trump comes to power, there will be another significant rise. After the Christmas holidays, both Europe and America will start working, and in the new year, everyone definitely wants to make money but doesn’t know where to start, so they can only begin with the cryptocurrency market.
Trading suggestion: Short around 99,500, establish the pattern. $BTC
After a rapid rise this morning, it has been consolidating around 99,000 for a while now, and it is highly likely that it will pull back to between 97,500 and 98,000.
From the liquidation map, it shows that the long and short positions are almost balanced, which has led to the current consolidation. This indicates that retail investors are flooding into the cryptocurrency market. Everyone knows that when Trump comes to power, there will be another significant rise. After the Christmas holidays, both Europe and America will start working, and in the new year, everyone definitely wants to make money but doesn’t know where to start, so they can only begin with the cryptocurrency market.
Trading suggestion: Short around 99,500, establish the pattern. $BTC
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BTC
97,096.86
-5.01%
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