5.13 Tuesday Morning Analysis of Bitcoin
Yesterday, I kept trading until after four in the morning, shorting Bitcoin from over 105500 down to around 100700. The bearish outlook was evident to all. Fans have also profited significantly.
I made a total of five trades, capturing over eight thousand points in movement. How much did you gain? How are your long positions? It’s simple to profit; just keep up with my rhythm.
The shorting strategy was communicated in advance, and after every take-profit, I reminded everyone to continue shorting. Moreover, every time Bitcoin took profit, the subsequent rise provided me with opportunities to enter short positions again.
The rhythm of these short positions has been quite good. As seen from yesterday's sharp decline, the pullback has already started; it just won't drop all at once. It will step down gradually. It’s crucial to grasp the rhythm well. The market movements in the next couple of days are very important; if it breaks ten thousand directly, it will drop very quickly.
The strategy going forward is to short; any rebound is an opportunity to short.
No need to hold long positions for too long, short directly at high levels.
Morning Operation Suggestion
Short directly from 102600 to 103200, aiming for 100000. After breaking down, continue to look down towards 97000. If it doesn’t break ten thousand, consider reversing to go long for a rebound.