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Started fluctuating around 104000 after dropping from 110000. The bears are waiting for some bad news, which could be tariffs or any unfavorable news. Once the news breaks, Bitcoin may briefly drop to around 96000, then fluctuate and decline to around 85000.
Entry Timing: Bad news
Leverage: 3x
Take Profit: 96000
Stop Loss: None, add to short position if it rebounds to 110000.
Altcoins follow the drop but not the rise; this wave of Bitcoin returns to 110000, and only then does the altcoin rebound a bit. When it drops, there’s a slight hesitation, but then it follows. The market outlook remains bearish because the major players either do not want to push up or have not found a suitable reason to do so.
Entry Timing: 2563
Leverage: 5x
Take Profit: 2200
Stop Loss: 2700
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