Harry_PD

Bitcoin's latest bearish target:
Short term: 55200 〽️
Long term: should be able to reach 44000

ETH around 1240

$BTC #BTC☀ $ETH #ETH price trend analysis

U.S. October CPI is out: headline inflation rose 0.4% month over month, above the expected 0.3%; core inflation rose 0.3%, above the expected 0.2%. Both readings came in hot, with core inflation right at the threshold Fed official Waller previously said would prompt consideration of a 50-basis-point rate hike in December. Bearish.

Let me share my trading strategy.
I’ve opened five positions in BTC and ETH.
The entry prices are:
BTC 🛑 Short at 86,300, 85,200, and 82,000
ETH 🛑 Short at 2,400

Since the positions were entered at different times, I plan to set take-profit levels at:
BTC (69,200 and 60,800)
ETH (2,030)

I’m a low-frequency trader, so let’s lie low and wait for the results to be revealed 😸$BTC $ETH