We have said that BTC price to 65200 is the dividing line of bull and bear markets in this decline‼️Once it breaks through 62500 stably, this will be an important sign of the bull market coming back‼️Remember that if you want to know whether the market is bullish or not , you must wait untill Bitcoin stabilizes at 65200 and then you can see the bull market turning back‼ Otherwise, you can only treat it as a short-term long sale, but it dosen’t mean that the bull market is over. Since it is obvious that every time the bull market comes back, it happens when individual investors cannot make tradings correctly according to this market trend. Therefore, the dividing line of bull and bear markets I published is a more conservative and stable strategy, that is, do not take long positions at 65200 which has not been stabilized. For example, we simultaneously opened short position on ETH at 3212 in our private domian when Bitcoin hit 65200, making huge profits.

However, many traders and analysts calls for going long continuously when the bull market comes back, so this time they were trapped by the markets or suffered a huge loss, including our live trading on Binance, which also made a huge profit by opening short position in this plunge, but currently long positions are trapped and at floating losses in the majority of live tradings. This is the importance of the dividing line of bull and bear markets I gave you‼#BTC #BTC_MARKET_UPDATE #EthereumEFT