A new month brings a new beginning. How much will Bitcoin be in December? Will there be a new wave of decline starting? Can we reach a new high, maybe a Bitcoin starting with 7? I wonder if you all held onto the ideas given on Friday or over the weekend; I did. Currently, Bitcoin is at 5000 points and Ethereum is over 200 points. This week, I see it going to 82-83, or even a wave of Bitcoin starting with 7. Without further ado, let's get straight to the ideas!
Currently, Bitcoin has directly dropped from 90,000 in the morning, now down to over 5,000 points. There is no sign of a rebound. After dropping to 86,900, it rebounded to a high of 87,700 but continued to fall. The current lowest point is around 85,900. Will there be a lower point? I think there will. Let's first look at 82-80 this week. As for whether it will reach a new low, we will wait and see. The trading strategy for today suggests shorting at 870-875, with a target towards 84-85. If it stabilizes at 85 in the afternoon, we can consider going long once, observing 870-875, and then decide to exit the long position and short again. Let's focus on shorting for now.
For Ethereum, I suggest shorting around 2850, or synchronizing with Bitcoin's trend is fine too. There's not much more to say, let's see if this low point at 2621 can hold. I believe it won't hold!
When placing any orders, remember to defend well. Thank you all for your support!
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Happy December, everyone!
A new month brings a new beginning. How much will Bitcoin be in December? Will there be a new wave of decline starting? Can we reach a new high, maybe a Bitcoin starting with 7? I wonder if you all held onto the ideas given on Friday or over the weekend; I did. Currently, Bitcoin is at 5000 points and Ethereum is over 200 points. This week, I see it going to 82-83, or even a wave of Bitcoin starting with 7. Without further ado, let's get straight to the ideas!
Currently, Bitcoin has directly dropped from 90,000 in the morning, now down to over 5,000 points. There is no sign of a rebound. After dropping to 86,900, it rebounded to a high of 87,700 but continued to fall. The current lowest point is around 85,900. Will there be a lower point? I think there will. Let's first look at 82-80 this week. As for whether it will reach a new low, we will wait and see. The trading strategy for today suggests shorting at 870-875, with a target towards 84-85. If it stabilizes at 85 in the afternoon, we can consider going long once, observing 870-875, and then decide to exit the long position and short again. Let's focus on shorting for now.
For Ethereum, I suggest shorting around 2850, or synchronizing with Bitcoin's trend is fine too. There's not much more to say, let's see if this low point at 2621 can hold. I believe it won't hold!
When placing any orders, remember to defend well. Thank you all for your support!