Crazylambboy

Bitcoin Under Pressure As Expected, Shorts Take Profits

Long
BINGX:BTCUSDT.PS   BITCOIN / TETHER Standard Futures

Bitcoin has been short at 23,900 for many consecutive days, and it has already been traded for profit. The market outlook will maintain the original idea, continue to be bearish on Bitcoin, and those who have not entered the market can wait for a rebound in the evening. After the rebound, rely on the pressure of 23,800 to sell empty orders Can be re-entered. The operation suggests selling at 23800, risk control at 24400, and target at 22300-21500.

Bitcoin bearishness is based on the following:
1. Although Bitcoin has reversed and adjusted midway, the overall trend is still seen as a gradual decline after the top is built.
2. The upper pressure is 23800~24700, and the lower support is 22300~21500.

I hope that friends can ask questions and discuss together

BTCUSD
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