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Bitcoin Short Trade Signal: Momentum Fading, Correction Ahead

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Bitcoin has been moving within a parallel channel for a while, with many traders eagerly anticipating a push toward the $97,000 mark. However, this scenario is unlikely. Instead, Bitcoin is showing signs of losing momentum, setting the stage for a potential correction.
Given this setup, we maintain our short trade position. As always, proper risk management is essential—make sure to place your stop-loss (SL) and manage your entries wisely. A strategy of two or three entries can help secure a higher SL, reducing exposure to volatility.
Remember, this is not financial advice—always do your own research (DYOR) before making any trading decisions.
Dagangan aktif
Short the pull backs
Dagangan ditutup: hentian tercapai

Penafian

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