October 12
BTC Short-term Trading Strategy
BTC fell 24,000 points from $126,200, plummeting 20,000 points in the early hours of October 11, with a total liquidation of 15.7 billion across the network. It is currently in a consolidation and recovery phase.
Strategy Reference: You can try shorting if there is a short-term rebound to around $112,000; set a stop loss at $112,500. If the market smoothly retraces and stabilizes at the support level of $108,200, you can position for a medium to short-term rebound.
View Original