Bitcoin trading and market analysis (public orders)

The Bitcoin rising channel has basically been completed, and there will be another downward wave later. Yesterday, the current price of Bitcoin long position at 99,000 can take profit now, achieving a profit of 5,500 points is also acceptable.

Weekend market generally experiences a pullback, this is the old routine of the big players. Just now, someone asked me if they could short around 97,800, I said no, because looking at the hourly chart, it is still on the rise. Sure enough, it reached around 99,600. Rapid drops and slow rises must lead to unloading; everyone can pay attention to the 100,000 position, the big players are clearly unloading quite seriously.

When it drops, you chase the long position; when it rose yesterday, you hesitated and didn't dare to get on board. The brave ones enjoy the world first. If you hold this position steady, gaining 2,000 points shouldn't be a problem. Without further ado, here’s the strategy.

Short around 99,500-100,300 for Bitcoin, set stop loss at 101,000, and target around 97,500. Buckle up and let’s go, brothers.

Happy Winter Solstice, remember to eat dumplings. I won’t watch the market tonight because I have a date with a girl in black stockings for beer, wish me luck. 🤗