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BTC100K!
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4,466 Posts
Bitcoin ($BTC ) Trading Strategy Current Price: $101,549.1 Strategy: 1. Long Position: Buy $BTC when 50-period MA crosses above 200-period MA and RSI is below 30. 2. Short Position: Sell when 50-period MA crosses below 200-period MA and RSI is above 70. Entry Prices: 1. Long: $98,000 2. Short: $110,000 Risk Management: 1. Stop-Loss: 5% below entry price 2. Take-Profit: 10% above entry price Additional Tips: 1. Monitor volume to ensure it supports the trend. 2. Stay disciplined and avoid impulsive decisions. 3. Adjust strategy parameters to optimize performance. Remember: Trading carries risk. Educate yourself and understand the markets before investing. $BTC #BTC100K! #CryptoMarketHype #CryptoZombieUprising
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