110600-110800 I might be more concerned. Currently, the area around 111300 is another trend line, and everyone can see that it seems a bit unfavorable.
Don't be so pessimistic, always looking at today's bad to judge tomorrow? The market itself is designed to make you feel that the impossible is possible; it must make you forget your expectations for a rise, and it must make you forget about risks for a real drop. It has to be neutral, without any good or bad news, in order to fall better and rise better. Many knockoffs are at the bottom range, and many🌞
Pessimists are right, optimists (might) make money😚
The so-called resistance and downward trend, upward trend can be seen by a newbie in a week. Most people and bloggers take these analyses and tell you 1=1, it's a wonder if you don't lose money, let alone make a profit.
Whether you are bullish or bearish, right or wrong, every day there are countless people with different opinions, it's like a meaningless debate competition that can't make money. I feel more that you need to have a special vision or a real market experience, otherwise it's no different from a tape recorder, and it has no reference value, because what you tell me at a glance is whether it is rising or falling, just like here there is one dollar, you tell me it is one dollar.
ThinkAlonex
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Video 2025/9/7 - Bitcoin We Are Itchy to Go Long... What to Expect Next Week?
Whether the recent rebound of Bitcoin is good or bad, I have been saying it will go up at the places marked by the white circles, especially the last white circle where there was a significant divergence. The yellow line and other details all indicate that there will be another increase. Currently, all my targets are just short of the last gray area. The recent peak is only a little over 100U away. Let's keep observing; I think removing 113677 would be better.
Breakthrough, I am only a little bit away from the last gray area I planned, (I have been talking about this in my recent videos) and going long from the bottom with today's 109300.
In fact, I entered at the lowest point because I had previously opened a small position randomly, which averaged the price. Being able to accurately determine the lowest point in this position today, down to a price range of 50U, truly requires market sense and experience. Here it seems like there might still be a short opportunity.