The short position from yesterday, $ARB , can still be held. Following our approach for a choppy downward market, we closed around $BTC 8 ten-thousand. We can continue to go long around 78,000. A choppy market is actually the best kind of market for making money. Manage your position size well; making 100–200U a day is also a great option for ordinary people like us.
I expect Bitcoin to dip to around the strong support at 78,000 before rebounding. After that, the support levels to watch are 75,000 and 73,000.
My final view is the same as it was in late September: 73,000 is still the ultimate level for this correction.
I expect Bitcoin to dip to around the strong support at 78,000 before rebounding. After that, the support levels to watch are 75,000 and 73,000.
My final view is the same as it was in late September: 73,000 is still the ultimate level for this correction.