Should You Long or Short Bitcoin in the Coming Days?
1. Current Trend Analysis
Current Price: ~$82,747
Key Support: $81,000
Nearby Resistance: $85,000
Main Trend: Sideways with a wide range ($78,000 – $88,000)
2. Trading Scenarios
Long (Buy) if BTC holds above $81,000
Target: $85,000 – $87,000
Stop-loss: Below $80,500
Reason: If BTC holds above support, it’s likely to bounce toward the resistance levels.
Short (Sell) if BTC breaks below $81,000
Target: $78,000 – $76,500
Stop-loss: Above $81,500
Reason: If BTC breaks support, a short-term downward trend could follow.
3. Trading Recommendation
If BTC holds above $81,000, prefer to Long with a target of $85,000.
If BTC breaks below $81,000, consider Shorting with a target of $78,000.
Use tight stop-loss orders to manage risk, as the market can be volatile.
$BTC #LongOpportunity #ShortSelling $