BTC Trading Strategy Simplified

This morning I was editing the trading strategy for Bitcoin when suddenly it dropped significantly, followed by a rebound. Previously mentioned to consider shorting if it rebounds above 117500, and now it's back around 116500, providing nearly a thousand points of opportunity.

Currently, Bitcoin is in a pullback, but the bullish momentum is still quite strong. The short-term resistance is at 118800, which is also the upper Bollinger Band position on the one-hour chart. Let's wait and see if it can break through this resistance level; if it can't, we will consider shorting around this area.