Family, Bitcoin is now a clear shorting opportunity!
It has been dropping from 69,999 all the way down, breaking the key support level of 67,738. The rebound is just a trap, and the bears are fully in control!
Tonight at 21:30, the initial jobless claims data is the last straw:
- If the data is below 206,000 → Employment exceeds expectations, interest rate cuts are delayed, and Bitcoin will drop sharply! - If the data meets expectations → Expect choppy sideways movement, continue to short high!
Trading strategy: When it rebounds to 68,000–68,200, go short directly, with a stop loss at 68,500. The first target is 67,000! Keep up with the rhythm, and tonight’s goal is to harvest short-term profits. Don’t be the bagholder! 🚀$BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Family, Bitcoin is now a clear shorting opportunity!
It has been dropping from 69,999 all the way down, breaking the key support level of 67,738. The rebound is just a trap, and the bears are fully in control!
Tonight at 21:30, the initial jobless claims data is the last straw:
- If the data is below 206,000 → Employment exceeds expectations, interest rate cuts are delayed, and Bitcoin will drop sharply!
- If the data meets expectations → Expect choppy sideways movement, continue to short high!
Trading strategy:
When it rebounds to 68,000–68,200, go short directly, with a stop loss at 68,500. The first target is 67,000!
Keep up with the rhythm, and tonight’s goal is to harvest short-term profits. Don’t be the bagholder! 🚀$BTC