Bitcoin retraced as expected, short positions profitable
On Friday and Saturday, I shared with everyone the possible trend of Bitcoin Currently in the 4th wave correction, and the depth of the correction is within an ideal range Yesterday I reminded again that a correction might occur, and this morning there was a sudden sell-off, while gold surged simultaneously. The key support has held for now, and there may be some consolidation for a few days, but there is still a possibility of forming a 5-wave upward structure Let's observe for now, don't rush to go long, and if you are eager, make sure to keep your positions light
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Bitcoin retraced as expected, short positions profitable
On Friday and Saturday, I shared with everyone the possible trend of Bitcoin
Currently in the 4th wave correction, and the depth of the correction is within an ideal range
Yesterday I reminded again that a correction might occur, and this morning there was a sudden sell-off, while gold surged simultaneously. The key support has held for now, and there may be some consolidation for a few days, but there is still a possibility of forming a 5-wave upward structure
Let's observe for now, don't rush to go long, and if you are eager, make sure to keep your positions light