Bitcoin global bearish trend. Target 9500$
Updated
On the chart you can see my entry points as the bitcoin bear cycle continues.
Note
On this chart you can see that I opened a short at $45,000. I close the short position. A further drop to the $17,000 area is possible. But at the moment I'm in a bullish mood.Trade closed: target reached
As you can see, my short target in 2023 turned out to be quite successful. The market situation allowed the price to settle at $17,000 per Bitcoin. We closed around 80% of the short position at that point. At the same time, we began accumulating spot positions in altcoins, which I shared in my private channel. The profit on those positions as of today is approximately 700%. 📉💰
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.