Three Expectations for BTC Bitcoin
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At this stage of the market, many people are certainly confused about how the market should move next. Personally, I believe there are three expectations, and based on each expectation, different trading plans can be formulated.
1️⃣
Directly entering a wide range of fluctuations or a fluctuating upward phase, with a range of 112000-120000, where 111944 is a temporary low. If you miss it, what to do? It's simple: wait for Bitcoin to break above 114777, then confirm that a short-term bullish structure has formed. Buy during the pullback, with 111944 as the stop-loss.
2️⃣
After breaking down and then recovering to form a 2B long position, follow the trend of 1️⃣. If this trend occurs, where will the downward spike go? Personally, I believe it will reach the daily scalp and the Vegas channel resonance zone of 110888-109888. Set a stop-loss if it breaks below 109000, and enter the trend of
3️⃣.
3️⃣
This trend is quite scary, indicating that the short-term bull market has ended, and we enter a pullback phase on the 3-day or weekly line. First, a violent spike down to the 108-106 range, then a rise to 112, followed by a pullback to around 100k. This is when it's time to position yourself in the spot market.
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So, based on the above three expectations, the trading plan is already clear. Just stick to strict stop-loss rules.