So is it starting to go down now or is it continuing to rise until 86k, doctor?
Crypto-Farmer-
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Bullish
BTC Update. (for those of you holding LONG positions at high prices) #ETH
Last night, BTC touched exactly the red box I drew "randomly" and is currently bouncing up. Please note that many of you wanted me to illustrate the retracement in previous technical analysis posts, so I obliged and made it clear that "there might be" a retracement in the range of 81k5 up to 86k for BTC to make one last push before completely dropping, which is commonly referred to as testing resistance in technical analysis. It could hover around 82k5 and then drop immediately; that's the probability, but my main view is to short from 88000-89000$ and I am still holding a short position on BTC at 88230$ and ETH at $2067. I’ve mentioned several times that if a retracement occurs, it "might" be the last opportunity for you to cut your LONG position around 85900-86500$ to minimize losses. Of course, you can hold BTC to rise to 90k or 100k and make a significant profit, but that’s your view, not mine. My view is that it "might" test 86k again and then drop back to the 7x range. Please read the plan and previous posts carefully before commenting. You can leave silently, block me, I don’t take money from you. Whether you want to be right or make money is up to you. The above is my personal opinion; I really hope BTC will drop completely, but in reality, it will eventually have to drop. I hope there will be a slight retracement for you to exit your LONG positions. I have been closely monitoring the market for the past 3 weeks because this period has a significant impact on the results of 2025. Nothing to say about altcoins; previous posts have analyzed altcoins.
Best regards. Vietnam No1 🇻🇳🇻🇳🇻🇳🇻🇳🇻🇳
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