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Monday's rebound is quite weak. The bottom is around 79,300–81,000, also benefiting from the weekend positioning. Today, first test a rebound with a long entry at 79,400. Stop loss if it breaks below 78,800.
(Continue holding the short opened at 86,000 unchanged, targeting 57,000.)
On October 26, Bitcoin pulled back to around 79,350 on Monday, completing the long trade. It is now rebounding around 80,300. Depending on market conditions, take profit if it rebounds to around 81,400–81,800.
茶友会_水哥
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On the weekend of October 24, Bitcoin is holding around 80,600–81,000. Open two trades:
Buy near 79,500–79,700, with a stop-loss at 79,000; take profit on the rebound near 81,900.
Sell short near 82,600–82,200, with a stop-loss at 83,100; take profit near 80,500.
All short positions around 85,000 can take profit now.
Today, the price returned to around 80,600. The nearest support is short-term, and 80,000 has already been broken once. k So we’ll consider 78,000 as an intermediate support level, where a rebound may form.
茶友会_水哥
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BTC has broken above 84,800.
Much of the profit on our short position near the highs around 86,000 has been given back. We remain bearish.
Have you opened a short? A stop-loss at 84150 is fine.
茶友会_水哥
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The market pullback on October 20
BTC is consolidating, with a breakout level currently around 83100. Consider opening short positions around 83400–83600, and long positions near the bottom around 80800.
The target has been reached, and the price is hovering around 83,400, so you can hold your short-term short position and wait for Friday’s pullback toward a break below around 80,900.
茶友会_水哥
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The market pullback on October 20
BTC is consolidating, with a breakout level currently around 83100. Consider opening short positions around 83400–83600, and long positions near the bottom around 80800.
The market pullback on October 20 BTC is consolidating, with a breakout level currently around 83100. Consider opening short positions around 83400–83600, and long positions near the bottom around 80800.
I just received it, so I'll leave it blank for now.
茶友会_水哥
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On October 19, BTC kept trying to break above 83000. For now, you can consider opening a short position around 83100–83300, with a stop-loss at 83460 if the price breaks above it.
On October 19, BTC kept trying to break above 83000. For now, you can consider opening a short position around 83100–83300, with a stop-loss at 83460 if the price breaks above it.
First bear market: The market bottomed in November 2011 Second bear market: The market bottomed in January 2015 Third bear market: The market bottomed in December 2018 Fourth bear market: The market bottomed in November 2022
When will this cycle bottom? You can consider entering once the U.S. has raised interest rates five or six times.
$BTC Tonight, Bitcoin is unlikely to break above 82500–82800. Set a stop-loss at 83168 and open a small short around here, aiming to capture the pullback to around 80900. #美国加息
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