Bitcoin: add to the long at the current price of 76k, stop-loss at 74.8k, targets at 78k/81k
Bitcoin spent the whole day moving between 75.1k and 76.2k. It was dumped to 75.2k the day before yesterday, and still hasn’t broken below that today.
All the leveraged positions that were going to get liquidated were flushed out the day before yesterday. There’s not much more room to push it down now.
I’m still holding the position from 77.8k. Dachao is adding another position at 76k to bring down the average entry price. The stop-loss is the same as for the previous position: 74.8k. If it breaks below that, we’ll close both positions—no holding on.
The first target is 78k, the level where it consolidated before the drop the day before yesterday. I’ll take half off there. For the rest, the target is 81k—the high it reached after the election.
When U.S. stocks open on Monday, if the Nasdaq can find a bottom, Bitcoin could rebound quickly. #StrategySTRC70天恢复发行
$BTC after an interval of over
Bitcoin spent the whole day moving between 75.1k and 76.2k. It was dumped to 75.2k the day before yesterday, and still hasn’t broken below that today.
All the leveraged positions that were going to get liquidated were flushed out the day before yesterday. There’s not much more room to push it down now.
I’m still holding the position from 77.8k. Dachao is adding another position at 76k to bring down the average entry price. The stop-loss is the same as for the previous position: 74.8k. If it breaks below that, we’ll close both positions—no holding on.
The first target is 78k, the level where it consolidated before the drop the day before yesterday. I’ll take half off there. For the rest, the target is 81k—the high it reached after the election.
When U.S. stocks open on Monday, if the Nasdaq can find a bottom, Bitcoin could rebound quickly. #StrategySTRC70天恢复发行
$BTC after an interval of over
