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Today’s Bitcoin:
Market bearishness continues to intensify, Bitcoin faces double pressure; it has been sliding from the 76200 high, only stabilizing and rebounding after reaching the 736 level.
736-740 is the short-term key support for the bulls. Once this level is broken, the move will directly target the 70000 mark. This week’s news is piling up, and the big volatility is not over yet. If you have no clear direction, don’t make random trades—be careful not to get caught in the chop.
Trade: Sell short on pullbacks in the 745-750 range, aiming for 735#BTC