In the cryptocurrency circle, I believe everyone wants to increase their holdings, right? In fact, it's quite simple. By taking advantage of a suitable opportunity to position for the long term, a single trade can significantly increase your holdings. Moreover, the recent market trends have been very favorable, with both long and short positions offering excellent trading opportunities. If you look at my previous articles, there has been a daily range of about 3,000 to 5,000 points. If you also want to earn a part of what you understand in the cryptocurrency market, then let's band together. Only when you reach out can I have the motivation to pull you up.
Currently, Bitcoin's trend continues to oscillate within a range. The four-hour Bollinger Bands are in a contracted state, with the upper and lower ranges at 98,500 and 95,500, respectively. The price has broken above the middle band and is currently trading above it. In the short term, the price is expected to continue rising. As long as the upper resistance holds, trading can be done back and forth within the mentioned range. The intraday trend is likely to show a pattern of rising first and then falling.
Bullish trading points: 《Reference idea: Look for bullish opportunities in the 96,000-95,500 range, with a target at 98,000.》
Bearish trading points: 《Reference idea: Look for bearish opportunities in the 98,500-99,000 range, with a target at 96,000.》
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