The predicted price of Bitcoin will be around 58,000, and the pattern has been formed. What is the current situation of the long army? The data shows that there are more than 100 million US dollars in liquidation!

Today, Bitcoin tested the support level of 58,000 and will quickly reach 61,000. The purpose is to explode both long and short! This test is just the beginning. The next bottom test will be more powerful. The premise is that after the long army is liquidated, those who are dissatisfied will get on the bus again, and the intention of the dealer will be achieved, and then the bottom will be tested again!

The strength of the pin test depends on the belief of the long army. The greater the belief, the more longs are made, the heavier the position, and the more direct the dealer's pin is! Therefore, in such a volatile currency circle, short-term trading is tantamount to gambling! Trend trading is the king!

There is no signal of change in the Bitcoin market. It is still in a downward trend. It will test the bottom support level of 58,000 again. I don’t have a position now. I am waiting for the bottom pattern to form, and then observe whether it is a range oscillation or a signal of change in long and short positions. Without a certain market, waiting is the best trading strategy!