AICoin

Bitcoin Market Analysis: Persistent oscillation, there must be a breakthrough, fortunately, we have been holding the short position until the storm comes. Today, shorting at 63800 for BTC and 62790 for the US market was quite perfect, especially after the US market broke through, the short position collapsed directly, and the profit instantly multiplied several times. Under the weakness of BTC, the short position is once again exerting force, aiming directly at the $60,000 mark, which has been tested several times in the previous period without breaking through, but instead turning upward. For this time, the probability of breaking through is high, and the $60,000 mark is the key focus for us tonight. Under the situation of breaking through on the daily, four-hour, and short-term charts, we will temporarily not consider entering long positions (unless the hourly chart continuously closes with positive candles, then we can consider entering a small long position). Subscription account: Financial Retail Investors Alliance. In such a trend, we should go short and short on rebounds.

Short-term upper pressure levels: 62000/62500 Short-term lower support levels: 60000/59000

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