BITCOIN (BTC) SHORT TERM TARGET AND LONG TERM TARGET It looks like you're planning to sell Bitcoin (BTC) around 103,500 with target price levels of 97,000 and 102,000. Here's a breakdown of your trade plan:
Sell Position Details
Sell Entry Price: 103,500
Target 1: 102,000 (short-term target)
Target 2: 97,000 (longer-term target)
Risk Management
Set a stop-loss to manage risks effectively. For example, if BTC rises significantly above 103,500 (e.g., 104,500 or 105,000), you may consider exiting to avoid further losses.
Market Analysis Tips
Check for support and resistance levels near your targets.
Keep an eye on market trends, news, and technical indicators (RSI, MACD) to validate price movements. CAPITALCOM:BTCUSD