Does Bitcoin have a higher chance of winning by going short first and then long?

#BTC走势分析 #内容挖矿 #BTC突破7万大关 #BTC☀ $BTC #跟单

In review of the market, the price seems to have been fluctuating, narrowing up and down, forming a consolidation triangle. There is a parallel top near 70.7k. The current price is testing at the lower edge of the consolidation triangle. Unless the price continues to rise and destroys the relay pattern, it will fall further here according to general rules.

Violent shorts can go short at the current price, aggressive shorts can enter on the right side after breaking below 67.1k and not retracement, or after breaking the previous low and betting on the price to retrace POC, place a short order on the left side near 67.9k, and conservative shorts can enter on the right side of POC. For bulls, you can rely on the bottom of the consolidation triangle to go long, and the violent bulls can go short at the current price, and stop loss before the low. Other bulls should not participate.

In addition, it is worth mentioning again that around 62.5k, there are many bullish resonance factors, bullish butterfly patterns, 1H level vacancies, and 0.618 retracement levels since below 59k. This is a more reliable entry position for bulls, and it is also the reverse profit target for bears.

I don’t like to watch the market, and I prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~