#BTC Update
We're still in the weak support zone of 65000-66000, but resistance has moved down to around 67300. Therefore, I tried some short positions here today and have currently locked in 80% profit around 65919. I'm unsure if we'll see further declines, so I've opted for a conservative approach.
The price is still moving within a downward channel. If we can break through the resistance around 67300, then we might look for opportunities to try some long positions on pullbacks.
Extreme support remains around 60666!
BTCUSDT.P
We're still in the weak support zone of 65000-66000, but resistance has moved down to around 67300. Therefore, I tried some short positions here today and have currently locked in 80% profit around 65919. I'm unsure if we'll see further declines, so I've opted for a conservative approach.
The price is still moving within a downward channel. If we can break through the resistance around 67300, then we might look for opportunities to try some long positions on pullbacks.
Extreme support remains around 60666!
BTCUSDT.P 
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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👇
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.