10 mysterious buy orders for BTC appeared! Bitcoin is secretly hiding at 103847
Have you seen the latest on the right? Bitcoin is currently fluctuating around 111959 dollars. The key is to look at these horizontal lines in the chart; previously, around 107000, it repeatedly supported the price like a whack-a-mole, while the line above at 114000 has been hit 3 times in the last two months without breaking through, effectively acting as a cement ceiling for the market!
Personal strategy for getting out of a position:
If your position is stuck around 114000: Don’t rush to cut your losses! Keep an eye on the lower range of 107000-103000 as a safety net. As long as the price can consolidate in this area with low volume, there’s an 80% chance of a rebound, allowing you to reduce your position and lower costs.
Case Study: At around 19:30 today, the price dropped to 103847 dollars, immediately supported by 10 Bitcoin buy orders. This is a typical signal of major player protection; it would be a pity not to average down in such an opportunity!
Key points to watch tomorrow:
Opportunity for an uptrend: Break and hold above 113000, hop on quickly
Escape bottom line: If it breaks below 103000 with high volume, you must stop loss, don’t be stubborn
As the market continues to change, we need to closely monitor market signals to seize new entry opportunities. Like + comment, and let’s navigate the bull market together to seize this major opportunity!
