Those trading long in the 84,000-dollar zone—there’s nearly a 1,000-point upside room. Be careful to reduce positions and carry a cost as a buffer.
If, later in the early morning, it drops back down into that same level, it will be dangerous—indicating that there may be a further liquidation to clear out the long positions in the 83,000–82,000 dollar zone.
If, later in the early morning, it drops back down into that same level, it will be dangerous—indicating that there may be a further liquidation to clear out the long positions in the 83,000–82,000 dollar zone.
