A new round of decline has begun. Since Bitcoin came under pressure over the weekend, the market has struggled to see a significant rebound. Since last Thursday, we changed our outlook to bearish, and ultimately the market did not disappoint, giving a drop of 3,000 points. This morning also indicated a short position on Bitcoin at 71,000–71,500. The price slightly rebounded to around 71,200 before facing resistance again and falling back, resulting in a total decline of over 600 points. The short-term trend is more volatile, and in the afternoon, the focus remains on a high-short strategy. Everything below 72,000 is short. $BTC

BTC-0,91%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin