$BTC #BTC #ContentMining đđ
Bitcoin's price surged from 38500 to 43888, witnessing a rise of more than 5000. It danced between 41800-43800 for 8 days, oscillating around 2000, providing profitable opportunities for both long and short positions.
Starting from February 8th at 0:00, it embarked on an upward journey around 43,000, soaring to 52859 by February 15, marking an almost 10,000 point increase in just 7 days. Lately, it's been fluctuating between 50600-52500.
Various market analyses are circulating:
Some suggest the arrival of a bull market, advising to go long on dips.
Others predict a significant drop before the bull market, recommending going short on rallies.
To be honest, I'm not a market guru, and I can't predict with 100% certainty. Stick to your original intention and personal strategy.
My advice to partners:
Consider giving up transactions in the 50000-53000 range or engaging in light position trading. For spot partners, consider entering at 50000-50800 and exiting at 51500-52000. For contract partners, short position at 50,000-50,800, long position, take 300-500 points profit, and exit. Above 52,000, go short with a light position, and exit with a profit of 500-800 points. đđ
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