Bitcoin analysis today: -92000-94000 life and death battle
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Bitcoin analysis today: -92000-94000 life and death battle
Predicting Bitcoin is like predicting the weather - it's just that the weather is not often wrong! '"
Williams' Bitcoin weather forecast:
Straight lines belong to humans, curves belong to God
As shown:
The price of Bitcoin has stabilized below $94,000
I still think: shorting Bitcoin near $94,000 is the right approach.
In the process from point A to point B, Bitcoin completed a sprint, set a new high, and finally stopped at around $108,000.
The process from point B to point C represents the complete end of this force.
The exhaustion of Bitcoin's volume is already very obvious.
We can draw a conclusion:
1: All players who are long Bitcoin above 92,000, their stop loss is 92,000.
Imagine: If it breaks through $92,000, Bitcoin will inevitably usher in a panic exit, and countless long players will be liquidated at this moment.
Conclusion: Bitcoin will only fall more outrageously.
2: 9200 The support near 0 must be the strongest support at the moment.
If the trend does not change, then 92000-94000 will be the best bottom-fishing range for global bulls.
In the absence of major positive factors, Bitcoin is no longer driven by huge transactions. Every time Trump talks about Bitcoin, his prestige has declined again and again.
This is an indisputable fact.
We are now focusing on the fluctuations in the 92000-94000 range to lay out intraday trading signals
I will continue our thinking yesterday
Continue to short Bitcoin near 94000.
SELL: 93500-94000
SL: 97500
TP1: 92000
TP2: 90000
TP2: 88000
TP4: 86000
If you are reading my article, I hope you can leave me a message for feedback. I will answer them one by one and analyze the real-time signals for you. Thank you very much
Predicting Bitcoin is like predicting the weather - it's just that the weather is not often wrong! '"
Williams' Bitcoin weather forecast:
Straight lines belong to humans, curves belong to God
As shown:
The price of Bitcoin has stabilized below $94,000
I still think: shorting Bitcoin near $94,000 is the right approach.
In the process from point A to point B, Bitcoin completed a sprint, set a new high, and finally stopped at around $108,000.
The process from point B to point C represents the complete end of this force.
The exhaustion of Bitcoin's volume is already very obvious.
We can draw a conclusion:
1: All players who are long Bitcoin above 92,000, their stop loss is 92,000.
Imagine: If it breaks through $92,000, Bitcoin will inevitably usher in a panic exit, and countless long players will be liquidated at this moment.
Conclusion: Bitcoin will only fall more outrageously.
2: 9200 The support near 0 must be the strongest support at the moment.
If the trend does not change, then 92000-94000 will be the best bottom-fishing range for global bulls.
In the absence of major positive factors, Bitcoin is no longer driven by huge transactions. Every time Trump talks about Bitcoin, his prestige has declined again and again.
This is an indisputable fact.
We are now focusing on the fluctuations in the 92000-94000 range to lay out intraday trading signals
I will continue our thinking yesterday
Continue to short Bitcoin near 94000.
SELL: 93500-94000
SL: 97500
TP1: 92000
TP2: 90000
TP2: 88000
TP4: 86000
If you are reading my article, I hope you can leave me a message for feedback. I will answer them one by one and analyze the real-time signals for you. Thank you very much
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Unfortunately, Bitcoin surged here and did not fall as expected. Of course, I stopped the loss in time near 96,500. The sudden change here is undoubtedly due to Trump's support. Then we just need to wait for a proper retracement. We will take 93,400 as the beginning of this rise and as the stop loss for the later longs.
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CFA,Portfolio Manager/Quantitative Research Analyst Long-term investment in gold, Bitcoin, foreign exchange, etc.
CFA,Portfolio Manager/Quantitative Research Analyst Long-term investment in gold, Bitcoin, foreign exchange, etc.
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