Rally! Bitcoin 106,000 has finally arrived, can we go to 108,000?

We have been waiting for this rebound since yesterday. I said I wouldn't short at 105,000, at least until 106,000, because the mid-range resistance of its trading range is around 106,000 to 106,700, and the next is at 108,000.

Trades should only be executed at support and resistance levels; this way, the odds are better. Never trade in the middle of nowhere. Aggressive traders can short small amounts near 106,500, while those seeking stability should wait for 108,000 to short.

There is no 100% movement in the financial markets; each price has its own probability, just that the probability of reaching each price differs. When the risk-reward ratio is favorable and close to support and resistance, it’s worth a try. Accumulate wealth slowly with a win rate of 70-80%!