$BTC BTC (Bitcoin) market analysis and strategy
š Price: $87,374 (+1.98%)
š Last minimum: $81,200
š Last maximum: $88,800
š MA(7): $87,959 (price below this)
š MA(25): $85,276 (price above this)
š MACD: Positive momentum, but slowing down
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Strategy:
1ļøā£ Long (betting on increase) strategy:
ā Entry: $86,500 - $87,000
ā Stop-loss: $85,500
ā Target (exit level): $88,800 - $90,000
Why?
⢠BTC has made a strong recovery from 81K and is rising.
⢠It is above MA(25), which shows that the trend is still good.
⢠However, currently around 87,959, MA(7) is acting as resistance; if it breaks this level, it could rise to 90K.
⢠Stop-loss should be placed below $85,500 because if it returns to this area, the likelihood of a decrease increases.
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2ļøā£ Short (betting on decrease) strategy:
ā Entry: in the range of $87,800 - $88,500
ā Stop-loss: $89,200
ā Target: $85,500 - $84,000
Why?
⢠Currently, BTC has rejected 88K, meaning this level is acting as resistance.
⢠If it rejects again near $88,000, there will be an opportunity to short.
⢠MACD has started to show a decrease, indicating that a correction may be possible.
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Conclusion:
š If BTC does not drop below 87K and continues towards 88K, going long is better.
š If it touches 88K and then falls back, shorting is more advisable.
In the current situation, there is a possibility for a quick short, but if 87K holds, going long can also be safe. The market is dependent on the BTC trend, so one should enter cautiously.
š Manage risk and trade with a strict stop-loss!