From the four-hour level, the Bitcoin market is hovering near the middle band of the Bollinger Bands, with no obvious signs of a breakdown. There was a brief breakout, but it was quickly recovered by the bulls, proving that the bullish trend is gradually becoming clearer, while the bearish trend is being gradually reclaimed. For this kind of market, we implement a strategy of selling high and buying low to layout, as the trend is king and we act in accordance with it.
Bitcoin near 108500, target 109500 (for short-term trading)
