Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be too hasty. Even if there are losses in the short term, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to improve the win rate. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, summarizing both profits and losses in a timely manner, deepening the understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

9.19 Bitcoin (BTC) Market Analysis Reference

Bitcoin continues to rise during the day, with bullish sentiment continuing to ignite. The short-term trend has returned to an upward pattern, with the current price under pressure around 117,875. The high is slowly moving upward. After stabilizing around 117,000 during the day, the subsequent market is expected to move upward again. I hope everyone is prepared in advance and tries to operate in the direction of the trend with long positions.

Looking at the short-term hourly chart, the Bollinger Bands are opening upward, and the trend is running in the middle to upper band area. The short-term market is pulling back to rebound, maintaining a fluctuating upward trend, so we can keep a long position mindset. Pay attention to the support around 116,000-116,300 during the pullback.

9.19 Bitcoin Short-term Reference:

Short position entry point 117,800-118,800, stop loss at 120,800, take profit target below 116,500.

Long position entry point 115,800-114,800, stop loss at 500, defend at 112,100, take profit target above 116,500.

There may be delays in sending articles, and strategy suggestions are for reference only. The market changes rapidly, and no matter how high the confidence in market judgment is, always set stop-loss and take-profit levels. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for ways to add: the first ten each day can receive free exit strategy advice.

For more real-time trades, you can follow my public account. You can learn online about market techniques, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied in the U.S. multiple times, mainly analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive views, articles may be delayed in sending, risks are self-borne, manage positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, move forward together, and keep pushing. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your present self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, sharpen your skills, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency community, no plagiarism, respect originality!

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