On September 26, Bitcoin experienced a significant plunge, evaporating billions of dollars overnight. Will the downward trend stop, and can we expect a bullish outlook?

CN
2 hours ago

The end-of-month bus unexpectedly dropped below the 110,000 mark, just as I mentioned earlier. I was lured into a long position midway, and after going bullish yesterday, I'm now stuck, wondering if the winning streak will come to an end.

I just added to my position, and now my average price is around 110,000, with a small loss of 600 points. I believe the downward movement is almost over; even if it drops further, there will be some rebound.

For those who are flat, consider the 109,000 level for a direct bullish stance, with a temporary target of 112,000.

Follow the public account, how to relieve worries, only by Jiang Wei.

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