Saturday morning Bitcoin insights!

The market is still going down as usual, but it is always in the middle of the night. When you wake up, there is another change. The 1-hour moving average of Bitcoin turns and is about to form a dead cross. If a dead cross is formed, the downward space will be further increased. After falling below 87,800, the rebound is weak. The 92,000 position has been suppressed. Bitcoin rebounded at midnight and 91,500 has formed an effective resistance in the short term. There is no need to say more about the subsequent trend. You can go short with a slight rebound!

Trend is king, follow the trend. The market is now rebounding weakly. It is still a short trend in the short term. Rebounds are normal. Rebounds are just paper tigers, which gives you an opportunity to go short. Don't panic when it rises a little bit, lose confidence in the shorts, and don't mistake the rebound for a reversal. Before the trend changes, the shorts will be carried out to the end, and Bitcoin is falling from the top. The shorts may have just begun. Only by following the trend can you be light, and going against the trend will be messy. Follow the trend with me!

In terms of Bitcoin morning operations, Lin Kun personally recommends that the price rebound to 91500-92000, and the target can be around 88000-87500!