Family, we have succeeded! 945,000 short positions targeting Bitcoin, it's starting to drop now, how far will it go? Let's take a look.
1. The BTC manipulators love to fake moves, faking a breakout at the previous high of 945,000 before starting to pull back. There is a bit of support around 930,000, consider taking some profits, while stronger support is around 925,000.
2. Will Bitcoin continue to drop? Actually, there is a lot of resistance at 945,000, and it's still near the previous high, so it has the chance to become the final point of this 80,000 rebound. However, the current market enthusiasm is still quite high, so $BTC actually has the potential to explore the peak again. Those who haven't set short positions before can wait for it to rise again to short.
3. Besides short-term, Shuqin is also laying out long-term short positions because January 27 is a non-rate cut date, and starting from mid-January, the currency price will likely start to drop. Personally, my long-term low-multiple short positions are placed in batches, 945,000 has already been set, and another point is set at the next resistance around 980,000.
4. It may not reach 980,000, but you must be prepared. Once it does, I will definitely short with my entire position because the resistance here is too strong. Just short, it depends on whether the market gives the opportunity. Of course, I would also be very satisfied if I could short at the previous high of 945,000; it’s worth the trip. Then around mid-January, I will also lay out some decent rising dogecoin short positions like $PEPE and $WLFI , as they have quite a large pullback space, waiting for the Fed meeting in late January.
5. In fact, there are only a few methods used by manipulators. Shuqin has repeatedly mentioned in the past few days that Bitcoin will fake a breakout at the previous high of 945,000 and then crash, so do not rush to go long just because you see a breakout; instead, you should short. This wave has been perfectly capitalized on, operating fiercely every day~
1. The BTC manipulators love to fake moves, faking a breakout at the previous high of 945,000 before starting to pull back. There is a bit of support around 930,000, consider taking some profits, while stronger support is around 925,000.
2. Will Bitcoin continue to drop? Actually, there is a lot of resistance at 945,000, and it's still near the previous high, so it has the chance to become the final point of this 80,000 rebound. However, the current market enthusiasm is still quite high, so $BTC actually has the potential to explore the peak again. Those who haven't set short positions before can wait for it to rise again to short.
3. Besides short-term, Shuqin is also laying out long-term short positions because January 27 is a non-rate cut date, and starting from mid-January, the currency price will likely start to drop. Personally, my long-term low-multiple short positions are placed in batches, 945,000 has already been set, and another point is set at the next resistance around 980,000.
4. It may not reach 980,000, but you must be prepared. Once it does, I will definitely short with my entire position because the resistance here is too strong. Just short, it depends on whether the market gives the opportunity. Of course, I would also be very satisfied if I could short at the previous high of 945,000; it’s worth the trip. Then around mid-January, I will also lay out some decent rising dogecoin short positions like $PEPE and $WLFI , as they have quite a large pullback space, waiting for the Fed meeting in late January.
5. In fact, there are only a few methods used by manipulators. Shuqin has repeatedly mentioned in the past few days that Bitcoin will fake a breakout at the previous high of 945,000 and then crash, so do not rush to go long just because you see a breakout; instead, you should short. This wave has been perfectly capitalized on, operating fiercely every day~