Bitcoin has made a second attempt to push higher near 74,000 and has now pulled back. The current market outlook remains unchanged. Do not go long above 70,000, as there is no value there. If your short positions are not profitable yet, continue holding them. A break below 68,000 is needed for a significant decline. The market has double-topped at 74,000 under pressure and could crash at any time. Hold your short positions steady. If you want to go long, in my view, there is only value below 70,000. If 68,000 does not break, or if 65,000 does not break, entering longs at these support levels can yield significant profits.

BTC-0,77%

View Original

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.

1 Likes