7.11 Bitcoin and US Stock Market Post-Analysis

In the evening, US stocks opened lower, but then showed a pattern of low opening and high rising!

In the past couple of days, looking at technical analysis has become meaningless; the manipulation by large investors is too obvious. During the early morning, a period without news, they managed to pull up over 3000 points in just three minutes.

The current market behavior shows that the more they pull up the market, the more retail investors are shorting. My personal suggestion is to go long primarily in line with the trend; if one must short, it is advisable to enter near the current high point and strictly set stop-losses.

Bitcoin: Buy at 1170-1175, target 1195-1200