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#BTC Still talking about the wolf coming? Then let's follow the trend and buy in. Bitcoin strategy has been updated, please like if you take it, and strictly cut losses!
This weekend's market is like wielding a sickle to harvest retail investors.
From the market analysis, Bitcoin needs a pullback, but the resistance above is very strong. Unless there's a major positive news, I personally don't see it going too high today, plus the impact of the US holiday;
Last night before sleeping, I saw many influencers talking about Bitcoin reaching 90k or even 200k. In my opinion, that's all nonsense. I can see it too, but it’s just a few years down the line. For intraday trading, there's no need to analyze that far;
If the direction is correct, hold on; if wrong, cut losses;
No one is a god. If everyone only wins, there would be no rise;
A memorandum of understanding mentioned by Trump isn’t that magical. The world of this huge circus isn’t just about the US, Israel, and Iran’s petty issues;
No more nonsense!
Today's strategy:
Bitcoin (intraday)
Short positions: aggressive 77,286, conservative 77,719
Add positions: 78,439
Stop loss: 78,666
Take profit: 76,134 (first take profit level)
75,388
Still the same advice: strictly cut losses, strictly cut losses! Cutting losses is the cost of trading. If you’re wrong, we double up on the next trade to make it back. Holding onto losing positions forever is always wrong.