Academician of the currency circle: Bitcoin is under great pressure at 69,000 on October 19, stay calm when overbought signals appear

The current price of Bitcoin is 68,700. It is now 1:25 am Beijing time. Watching the intraday, it has not yet reached the major trend pressure level of 69,000. As of press time, Bitcoin has reached a high of 68,900. Academicians of the currency circle have been giving ideas for several days: 68,400 short positions for trial, 69,000 for short covering, and stop loss at 69,500. The ideas remain unchanged. Remember that it is necessary to start short positions when the major trend pressure level is reached. If you don’t short at the pressure level, when will you do it?

If it meets the market conditions and the market gives an entry signal, just operate and execute according to the system. If it is wrong, stop loss, and if it is right, hold. We cannot only pursue the winning rate and ignore the original intention. We are doing the right thing. It is allowed to try and make mistakes. The premise of trial and error is that we are doing the right thing. In the process of the price increase of the big cake, the price has reached the key pressure level and entered the trading range. We are doing the right thing.

The large level has reached the key pressure level, and almost all the small levels have shown a top divergence trend. The smaller the level, the more serious the divergence. Take a good stop loss and take precautions. The rest is left to time. The specific ideas refer to yesterday’s ideas.

  Short-term thinking reference: 68400 short holding, details refer to the updated content of the circle of friends, the market is not 100%, so you must bring a stop loss, safety first, small loss and big profit is the goal

  

  68000 to 68500 short above, defense 69000 to cover short, stop loss 500 points, target 67000 to 66000, break to see 65500

  

  65500 to 66000 long below, defense 65000 to cover long, stop loss 500 points, target 67000 to 68000, break to see 68500

  I am an academician of the currency circle, a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on! $BTC #BTC #BTC合约 #比特币合约交易 #BTC突破7万大关 #Btcoin