Bitcoin rose from 70,000 to 76,000 in 6 days, but fell back from 76,000 to the 70,000 level in just 2 days. With such volatile market swings, those who like chasing rallies and selling dips, those who like heavy positions, have likely suffered significant losses...
Bitcoin broke below the 70,000 level, and support below that needs to focus on the 68,000 and 65,000 areas. The main strategy is shorting on rallies. When I mention support here, it's for short positions to reduce exposure or consider taking profits—it's not suggesting anyone should lay in wait with long positions. I can't remember
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