$BTC 10.1 Analysis and strategy of the trend of Bitcoin
After closing the weekly line yesterday, it did not break through the high point of 66,500, but instead ushered in a correction of about 3,000 points last night. At present, the weekly level has touched the upper edge of the falling channel, and it is highly likely that it will not break through. At present, domestic hot money is flowing into large A shares, and B shares are frustrated. Coconuts sees another big correction in the long term, which will be around 48-52. This is a healthy trend and will start a bull market. Brothers who followed my post and opened short positions in the 657-660 range two days ago can reduce their positions and continue to hold, set a good loss to protect their principal, and finally let us seize this opportunity! I hope that the short position is at the highest point as I imagined! Charge!
Strategy and suggestions
Short around 64600, stop loss 500 points, moving take profit
Place many orders around 61500, stop loss 300-500 points, take advantage of short-term rebound