$BTC Short or long?


Lolo suggests mainly shorting at high levels
The wave of Bitcoin bottoming out from 60000 and then rising to take profit has already been completed, the market is now in a bearish trend, and a second wave of decline is expected. Plus, yesterday the 16th, there was the small rate hike of 1%, and tomorrow Thursday, there will be a Federal Reserve interest rate meeting. Combining these two factors, both the information and technical aspects indicate a bearish trend. Lolo still remains bearish, and the trading strategy is to buy the dip and short.
The main direction for Bitcoin is below 60000, and Ethereum is also targeted at the 1500 level.
Trading strategy
Short Bitcoin at 65000-66000
Short Ethereum at 1775-1785
BTC-0,23%
Lihat Asli
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