10.22 Bitcoin Bears Must Hold Their Ground: Key Levels in the Triangle Range
Lao Bao’s Crypto Harbor, Episode 395:
Prices continue to move sideways at high levels. Every slight dip is immediately followed by a rebound.
This isn’t particularly good news for those of us who have held short positions for a long time.
But the current market is like a frog being slowly boiled: the rise doesn’t feel dramatic, yet prices keep climbing.
Today, we need to watch whether the daily triangle range will act as effective resistance for Bitcoin and push prices down.
P.S.:
Long-form videos discuss trends; short-form videos explain the reasoning. In the trading market, the most valuable thing is your trading rationale, while entry and exit prices are the least important.
The videos published each day are for reference only and do not constitute trading advice. Thank you for your continued attention and support for Lao Bao’s Crypto Harbor.
Lao Bao’s Crypto Harbor, Episode 395:
Prices continue to move sideways at high levels. Every slight dip is immediately followed by a rebound.
This isn’t particularly good news for those of us who have held short positions for a long time.
But the current market is like a frog being slowly boiled: the rise doesn’t feel dramatic, yet prices keep climbing.
Today, we need to watch whether the daily triangle range will act as effective resistance for Bitcoin and push prices down.
P.S.:
Long-form videos discuss trends; short-form videos explain the reasoning. In the trading market, the most valuable thing is your trading rationale, while entry and exit prices are the least important.
The videos published each day are for reference only and do not constitute trading advice. Thank you for your continued attention and support for Lao Bao’s Crypto Harbor.