📊#BTC.W Update
🧠From a structural perspective, we encountered strong resistance near $80,000 and began a pullback. We've now filled the CME gap, so further pullback is possible.
➡️From a chart perspective, a bear flag pattern may form here again, with the nearest support around $72,000, near the lower edge of the bear flag. If this level is broken, we might see a deeper correction.
➡️Given the possibility of further declines, we sold 50% of our spot positions near $80,000. If the market doesn't experience the expected deep pullback, we will sell all our holdings near $85,000.
⚠️The bear market is far from over. Be patient and wait for a cheaper price range.
🤜Follow me to stay updated on market changes. Remember to like💖 and share💬
BTCUSDT
🧠From a structural perspective, we encountered strong resistance near $80,000 and began a pullback. We've now filled the CME gap, so further pullback is possible.
➡️From a chart perspective, a bear flag pattern may form here again, with the nearest support around $72,000, near the lower edge of the bear flag. If this level is broken, we might see a deeper correction.
➡️Given the possibility of further declines, we sold 50% of our spot positions near $80,000. If the market doesn't experience the expected deep pullback, we will sell all our holdings near $85,000.
⚠️The bear market is far from over. Be patient and wait for a cheaper price range.
🤜Follow me to stay updated on market changes. Remember to like💖 and share💬
BTCUSDT Trade geschlossen: Ziel wurde erreicht
📊#BTC.W Update
🧠The market has pulled back as expected. The price has now reached the lower edge of the bearish flag pattern. We need to observe whether it can find support and stabilize here.
➡️If it fails to find support here and instead breaks down quickly (70,000 USD is crucial), then we need to be wary of a crash similar to that of January 16th this year!
➡️The short positions we took on May 14th have now reached their final target (71788), so we have taken profits on all of them. Congratulations to those who followed and profited!🍻
⚠️The bear market is far from over. Be patient and wait for a cheaper price range.
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💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.