BTC has seen inflows for several days, but today the data shows outflows, which indicates that BTC should enter a correction phase.
Yesterday, Lao Deng made a short-term long strategy in his article. It can be seen that this band has not been adjusted down to Lao Deng's ideal opening range. I think this correction should be able to reach Lao Deng's predicted opening price. We can also see from the BTC four-hour K-line chart that this wave has already gone out of four negative lines, which is obviously a continuous decline. Moreover, a week is about to pass. If the weekend market is still very volatile, many investors may turn their funds to the altcoins with a high volatility. Therefore, Lao Deng judged that this wave of short orders should be below 70,000.
To make an order, you must stick to your own views and don't be easily shaken. Only by persisting can you make money.
