$BTC
The likelihood of a callback to the $81,000–$83,000 range is becoming increasingly likely. Today, Bitcoin first broke below the short-term uptrend line, then retested the trend line, and subsequently sharply broke through the support level of our key long-term trend line. #BTC is currently consolidating around the $84,000 mark. If the downward momentum does not immediately continue to $83,000, I believe we may first see a retest of the $85,000 area. In that scenario, I would consider setting up hedges for my short positions to protect my ongoing swing-long position. My first target is the recent breakout’s prior range high. If the downward momentum continues, the next target is the low of the current rebound. #BTC走势分析
The likelihood of a callback to the $81,000–$83,000 range is becoming increasingly likely. Today, Bitcoin first broke below the short-term uptrend line, then retested the trend line, and subsequently sharply broke through the support level of our key long-term trend line. #BTC is currently consolidating around the $84,000 mark. If the downward momentum does not immediately continue to $83,000, I believe we may first see a retest of the $85,000 area. In that scenario, I would consider setting up hedges for my short positions to protect my ongoing swing-long position. My first target is the recent breakout’s prior range high. If the downward momentum continues, the next target is the low of the current rebound. #BTC走势分析
