Bitcoin’s four-hour death cross has been confirmed. Today, we’ll observe how the price reacts after the four-hour MACD zero line is reached.
For intraday short-term trades: go long after stabilization in the 83,400–83,600 range, and short at resistance in the 85,200–85,600 range, with stop-losses set at 500 points each.
For a safer approach, it may be better to wait until after the options expiry on the afternoon of the 25th before trading.
The above is purely my personal thoughts—please don’t attack if you disagree.
For intraday short-term trades: go long after stabilization in the 83,400–83,600 range, and short at resistance in the 85,200–85,600 range, with stop-losses set at 500 points each.
For a safer approach, it may be better to wait until after the options expiry on the afternoon of the 25th before trading.
The above is purely my personal thoughts—please don’t attack if you disagree.