Brother Xing Says Crypto 6.29 BTC Trading Prediction Title: Short Today


Short Entry: 60200 - 60500 Stop Loss: 60850
Long Entry: 58000 - 58300 Stop Loss: 57400
Take Profit Targets:
Target 1: 59200
Target 2: 58200
Reason: Geopolitical conflicts escalate into actual combat, combined with shattered expectations of a Fed rate cut, causing a surge in macro risk premium; ETFs have seen net outflows exceeding $450 million for four consecutive days, with institutional funds refusing to buy above 60k; technically, the rebound above the 60k level has shrinking volume and faces strong resistance at the upper Bollinger Band, making it a typical bull trap. Before a volume-driven breakout above 60,800, shorting at highs yields steady profits $BTC
BTC2.86%
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BridgeSideEyes
· 06-29 02:17
Brother Xing sets this entry level very precisely—stopping at 60,850, the downside is left wide enough. I’ve already placed my order.
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OrigamiMountains
· 06-29 01:20
Bollinger Upper Band Resistance + Low-Volume Rebound, Classic Scenario, Target First to 59200
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MevTeaTime
· 06-29 00:51
Geopolitical + ETF double whammy, above 60k really looks like a bull trap, but wouldn't setting a stop loss at 57400 be too aggressive?
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ForkInTheRoadmap
· 06-29 00:36
Net outflow for four consecutive days, institutions run much faster than retail investors, shorting.
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