The rebound is really this weak? I drew this chart when the CPI data came out. At the time, I thought there were two possibilities: it could rebound to 83,000 and then drop, or rebound to 84,500 and then drop. I didn’t expect it to turn straight down around 83,000.
BTC is this weak, so there’s not much we can do. If things continue like this, it could drop straight to 79,000 in the next day or two. For the long position opened on the rebound, once it reaches 80,300, just close the remaining 40% at breakeven.
BTC is this weak, so there’s not much we can do. If things continue like this, it could drop straight to 79,000 in the next day or two. For the long position opened on the rebound, once it reaches 80,300, just close the remaining 40% at breakeven.
