What should we do next for Bitcoin?
We suggest buying the bottom of Bitcoin from 92.
We suggest buying more at 96, and shorting at 102.
We have been very cautious along the way.
If you don’t know what to do next, then you are right to be bullish on this article.
I will give you a clear answer.
If you are short now, I suggest you wait. Wait until the price is above 102 before opening a position. Wait until the price is below 95 for long positions.
This is how trading works. Sometimes you have to wait a long time if you miss a good opportunity.
Potential negative news: 1: Jason Furman, a former senior economist in the Obama administration and current Harvard professor, believes that if the labor market remains healthy, the Federal Reserve may only cut its benchmark interest rate once this year.
2: Kalshi, a well-known prediction platform, shows that the probability of the occurrence of US Bitcoin reserves by January 2026 has fallen from a high of 67.6% on November 19, 2024 to 53%.
