“Bitcoin Hits 102k+ – Big Short Point Coming? 🤔📉”
Bitcoin just hit $102,000, approaching the historic high of $103k. Is this the perfect time to think about a BIG SHORT? Or will we see another spectacular breakout? 🚀📊
Things to consider:
1️⃣ Stiff resistance at 103k: This is a price zone that BTC has failed many times in the past. Can Bitcoin break through again? According to NexGen AI Trader’s analysis model, 109k is the new high. We maintain this view.
2️⃣ Strong trading volume: The excitement of the market shows that investor sentiment is very polarized – Longs are excited, Shorts are cautiously waiting for a reversal signal.
3️⃣ Unpredictable fluctuations: When the price hits a strong resistance zone, "turnarounds" or fakeouts can appear at any time.
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Opportunity or risk?
• If you are thinking of Short: Don't forget to set a stop-loss and confirm the bearish signal before taking action.
If you want to go Long: Consider the risk of a fake breakout.
Conclusion: The market can create shocks, but smart people always stick to their strategy. Big Short or wait for a breakout? What do you choose? Drop your comments now! 👇