Lan Ce | October 9 Bitcoin Market Analysis $BTC
【Today's Trading Plan】
Long: Consider going long on a pullback into the 81200–81500 zone, with a stop-loss below 80600 and a take-profit target of 82200–82800. The second target is 83500–84200.
【Key Takeaways】
Bitcoin plunged from 83297 to 80393 in the early hours, a drop of nearly 3000 points, then quickly rebounded to 81653. Bearish momentum was largely exhausted during the sharp sell-off, and the fast and slow lines turned upward from low levels. The panic selling has been thoroughly shaken out, opening up room for a short-term recovery.
【Trading Details】
The rapid rebound after the sharp drop suggests buyers were accumulating in the 80300–80600 zone. This is a shakeout, not a trend breakdown. Consider testing a small long position on a pullback into the 81200–81500 zone, with the first target at 82200–82800. If momentum is strong, price could surge directly to 83500–84200. If it breaks below 80600 decisively, abandon the long setup. #BTC走势分析
【Today's Trading Plan】
Long: Consider going long on a pullback into the 81200–81500 zone, with a stop-loss below 80600 and a take-profit target of 82200–82800. The second target is 83500–84200.
【Key Takeaways】
Bitcoin plunged from 83297 to 80393 in the early hours, a drop of nearly 3000 points, then quickly rebounded to 81653. Bearish momentum was largely exhausted during the sharp sell-off, and the fast and slow lines turned upward from low levels. The panic selling has been thoroughly shaken out, opening up room for a short-term recovery.
【Trading Details】
The rapid rebound after the sharp drop suggests buyers were accumulating in the 80300–80600 zone. This is a shakeout, not a trend breakdown. Consider testing a small long position on a pullback into the 81200–81500 zone, with the first target at 82200–82800. If momentum is strong, price could surge directly to 83500–84200. If it breaks below 80600 decisively, abandon the long setup. #BTC走势分析