Friday Afternoon Bitcoin Market Analysis and Trading Suggestions
Reviewing the high short strategy layout from the afternoon session, the current market aligns with our earlier analysis of the short position. The actual market price is slowly rising in a volatile situation, with not much fluctuation. In the short term, we need to pay attention to the upper resistance level of 82000. If it breaks through, I will consider entering a long position. For now, we continue with the high short strategy in the afternoon.
4-hour chart: During the US trading session, the price of Bitcoin plummeted, with the candlestick forming a large bearish candle. The price briefly stopped falling and rebounded slightly in the early morning. The Asian session showed relatively stable movement, but overall remains in a weak pattern. It is expected that during the evening US session, Bitcoin's price will again face downward pressure.
Friday Afternoon Suggestions:
Target range for Bitcoin is 81500-82000, aiming for 80000
