$BTC Around 11:30 AM Beijing time today, I spotted a bearish signal on Bitcoin 📶. I was really excited 😃 and immediately shared it with my followers. I told them that Bitcoin was facing heavy resistance around $108,300, and the bulls might not have enough strength to push the price any higher. I believed $108,000 was a great entry point for a short position.
So why didn’t I short at $108,300? Because by the time I caught the signal, the price had already dropped to $108,000. You know how Bitcoin moves—it’s fast and volatile. Later, the price dropped to around $107,100, but then quickly bounced back to test the $108,100 level again.
Honestly, I got nervous at that point. I wondered—was my signal wrong? No! I reminded myself to trust my analysis. I told my friends: we must defend the $108,000 level, at least once. I believe the triangle pattern I spotted was valid. Bitcoin touched $108,100 three times but failed to break out. That’s my favorite kind of triangle setup.
Bitcoin has to drop. My target is around $105,000 within the next 24 hours. I’m confident. Right now, the price is already hovering around $107,100. All we need is patience. Wish me luck—I'm going to succeed and make enough money. Let’s witness the miracle together in 24 hours.
Goodbye for now! No matter the outcome, I’ll reveal everything after 24 hours.