Will Bitcoin rebound?
The small level of 65,000 means a bit of success in building a base. Enter the market in spot or at a low multiple, not a high multiple. At present, we still see the 67,000 or 69,000 issued yesterday.
Many people talk about double dips. There is no need to be so pessimistic now. Let’s first see if this convergence triangle is established. Because after a sharp decline, it often cannot go up or come down, eventually forming a symmetrical triangle. If it falls below 60,000, we will place a higher order to go long.
Bitcoin
Direction: do long
Admission: 60,001 Nearby Do Long
Confidence: Medium
Multiple: 20 times
Position: 10%
Stop profit. Point 1: Near 73,000, Point 22: Near 68,000
Point 3: Near 65,000 (seeking stability)
Stop loss, slightly fell below 58000
The reason is that Bitcoin's 59,000 is the final support. At that time, even if it is not the bottom, there is an 80% probability that there will be a rebound. It depends on you whether you fight or not, the contract has risks, and the spot will never lose money in the long term.
