5.1 Bitcoin market analysis: The Bitcoin market has plummeted, with strong support near 59,000. It is recommended to add long positions near 59,000 (Bitcoin contract trading) Commander

What is the trend of Bitcoin today? What is the Bitcoin prediction?

5.1 Today’s Bitcoin price trend: The Bitcoin market has plummeted. The current price of Bitcoin is around 60,000, causing panic among many trading partners. To me, this position is expected, not unexpected.
On April 25, a multi-order position building strategy was proposed, focusing on building positions at three different prices. The positions for opening positions include around 60,000, around 62,000, and around 59,000. These three positions are the opportunities for us to execute multiple positions.
There was a retracement of yesterday's long orders, but compared with the position where the position was established, the magnitude was not large. The retracement was about 4 to 5 points. It is recommended to use a smaller position when opening a position, usually within 5 times. A retracement of about 5% does not constitute a big problem. Increase the position again when it falls to the lower track.

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★Use the wave theory to lead a group of friends to escape from the top at 65,000 in April 21, and to buy the bottom at 29,000 in July 21.

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⚠️ Important statement: The video is only for personal experience sharing and prediction, not investment advice. The market is changing rapidly, risks are everywhere, and investment needs to be extremely cautious. Market analysis strives to be objective and fair. However, the information and opinions contained in the article are for reference only and do not constitute any investment advice for you. Operations based on this are at your own risk, and the author of this video does not assume any responsibility. The trading decisions made by investors still need to be based on their own risk tolerance.
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