$BTC

Contract short position code review: BTC

From December 16 to December 18, Tian Ge continuously sent out the contract short position code for BTC with an entry price around 108,000. As of now, it has exceeded a profit of over 10,000 dollars. It has also reached the first target below 98,000. The current price is around 95,000, continuing to hold and waiting for the second target of 90,000.

Currently, Bitcoin has fallen below the lower trend line of the wedge pattern and is experiencing a significant decline. Market sentiment is low while waiting for a consolidation phase to find an opportunity to buy at the bottom. It is expected to see a bottom near the target level after a downward fluctuation, and a strong rebound will occur before the monthly close to repair the upward trend on the monthly chart.

Tian Ge has repeatedly mentioned the significant pullback in defending the bull market, not because he believes the bull market has peaked, but as a necessary risk management measure during the bull market. For more trading codes, press 1 to find Tian Ge.