At the moment, Bitcoin’s chart shows no clear signs of bearish exhaustion. To confirm a potential trend correction, the price needs to push up to $110,354.
If it climbs higher than that, we can assume the downtrend is likely over.
Currently, there’s a possible short entry around $104,856, but my personal view is that Bitcoin may start ranging soon to build a new structure. For now, I’m staying patient and observing the market.
If you already hold short positions, I recommend taking profits (partial or full) — that’s the safer play in this phase.
However, if Bitcoin drops below $100,000, consider selling your spot holdings, even at a loss, to protect your capital.
Remember: Capital preservation is more important than catching every move.
Markets often consolidate before the next major leg — stay alert for new structure formation.
If it climbs higher than that, we can assume the downtrend is likely over.
Currently, there’s a possible short entry around $104,856, but my personal view is that Bitcoin may start ranging soon to build a new structure. For now, I’m staying patient and observing the market.
If you already hold short positions, I recommend taking profits (partial or full) — that’s the safer play in this phase.
However, if Bitcoin drops below $100,000, consider selling your spot holdings, even at a loss, to protect your capital.
Remember: Capital preservation is more important than catching every move.
Markets often consolidate before the next major leg — stay alert for new structure formation.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.