Bitcoin hit the resistance at 42,800 punds mentioned yesterday and pulled back. Looking up, it faces the resistance of 43,500 punds at the daily level.

It may be a good idea for long positions to take profit, but I don't recommend shorting immediately as the risk-to-reward ratio is not good.

I have good entry points for long positions, so I am willing to give up some profits. I will observe the price reaction around 42,300 punds before taking further action. #BTC