$BTC Today's Strategy, Go Long Directly. Target 80,000!!
Just kidding, but today indeed is the time for a trend change for Bitcoin,
As of this evening, there is an upward momentum,
Good news is that the big player has opened up Bitcoin mining, increasing mining costs, which is certainly a positive.
Mainly, ETF support outflow is also the biggest support!!
Of course, I haven't increased my positions in altcoins today.
And the few altcoins I hold, I've shared with you before, adding positions periodically.
The strategy I provided is daily short waves, managing your positions in a one-sided market can also be long waves.
Today, the Ethereum order at 2638 has been perfectly filled.
So for Bitcoin, the main trend is still upward, today's trend is downward, but the support is holding perfectly. The minor support is at 72300, and the second support is still at 716.
We are bullish, so we won't focus on resistance.
Today's strategy: "Aggressive go long directly, or add long at 72385, for a more conservative approach add long at 71800, with the same stop loss set below 70,000."
Why set the stop loss so far? If it drops to 70,000, then you can short and still make a profit; if it doesn't break, just wait for it to recover!!
I am Doug, welcome to chat.
Currently, maintaining your position is profit!
