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May 8th Bitcoin (BTC) Strategy:
Yesterday, I told my brothers that Bitcoin could drop to 79,500, and it has completely fallen to that level. All short positions have been closed, and we’re steadily making profits!
This morning, Bitcoin surged briefly but couldn’t sustain the rise and started to fall back down, with the 80,000 key level holding firm. The short-term rebound has no strength, and trading volume isn’t keeping up, so it can’t push higher.
In the short term, focus on the 79,700 critical support level. If it breaks below this point, the bears will continue to push it down. The overall market is currently weak, so operate with the pressure at 80,000—if the rebound can’t gain momentum, go short on rallies. If it can’t go down anymore, then consider going long.
Bitcoin
Short around 80,500-81,000, targeting 78,500-77,500
$BTC #特朗普称美伊很有可能达成协议