Jiang Wei Analysis: Bitcoin is experiencing high-level fluctuations, and it is not advisable to expect too much space in the short term; wait for the right opportunity.

CN
5 days ago

Many people say that trading cryptocurrencies doesn't make money, but that's because you lack patience, execution ability, and have poor understanding! Money falls around you, yet you are too lazy to pick it up; when opportunities arise, you don't know how to cherish them. Trust is mutual; you trust me, and I will help you position for the upcoming big market!

Yesterday, the price of Bitcoin continued to fluctuate. First, there was a drop during the day, followed by a rise at night, with a peak hitting the 88,500 mark, which faced resistance and then continued to decline. Jiang Wei shorted above 88,000 yesterday, directly gaining 2,000 points. If you want to double your investment, want to have cash, and want to break even, then join Jiang Wei!

On the four-hour chart, there are multiple U-shaped reversal signals. The price is currently operating in the upper Bollinger Bands area. The candlestick chart shows three consecutive bullish candles reaching the upper band pressure and then pulling back, closing with two consecutive bearish candles. This indicates that the trend is in a tug-of-war in the short term. At this moment, we focus on the wave pattern, and since the MACD is leaning towards bearish, the intraday strategy is to look for bearish opportunities above 88,000, targeting around 86,300.

How to relieve worries? Only Jiang Wei can help. Follow the public account to avoid getting lost.

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