BTC Comments on October 10 $BTC :
đ„Flex Corner: My copytrade group's ROI continues to reach a new milestone of 262% after 2-3 days of stagnation. My condolences to those who lost money after BTC's crash yesterday
- Frame D1: BTC is currently recovering after a very quick and unexpected crash last night. For now, I think BTC may recover to the 617-620 zone. I'll have to wait until then to see how the market reacts. However, with the indicators still at such a high level, I think BTC will continue to fall.
- Frame W2: The price is still above the MA line, but since yesterday, my group has shown that this week's candle will end around or below the 60500 zone. I still maintain this view.
=> My opinion is as follows:
- Yesterday, although the view for the group members was very early, the weekly candle would close at 60500, yesterday was only Wednesday, too early to end the weekly candle. So I think btc will circle up to the 630x zone once more and this is my wrong opinion.
- However, because the long view was about 605x during the week, it was easy for me to come up with a strategy to close the loss of the Long order at 300 price to short in the right direction to earn back more than 1k price for the group members yesterday. Although closing the 611x zone is still weak :(
- BTC today, I will wait to short again at the 617-620 zone, which will be safer.
- In the long term, I still keep the view that btc will sw the 60x - 63x zone in the next 1-2 weeks.
Good luck to all of you !!!!
