Bitcoin is currently trading around $44,000. What is the next moving? 🤔

We have observed a short signal on both the 1-hour and 4-hour charts, yet the 1-day timeframe chart still indicates a long position.

Consequently, there are two viable strategies: a short-term short position in futures or seeking profit in the spot market.

However, it is crucial to acknowledge that there are no guarantees in trading. Conduct your own analysis and implement stop-loss orders to manage risk effectively.

*Please note that this is not a recommendation for either short or long positions. It is simply a sharing of opinions and algorithmic signals based on our system.