Bitcoin

How will the trend in Bitcoin go 2

237
I judged on February 13th that there might be a dive in the market, then rebounded, when I judged that the position might be around $9,257, and ended up falling to $9,260, only $3, if you said no one was manipulating the market? Do I have the eye of heaven, the prophet's vision?
Of course not ah, in fact, this is the disadvantage of robot trading. The market lacks fundamentals, so the quantization process is designed with charts, and the high degree of consistency makes the market very easy to manipulate. As for the $9,257 location, it's not so magical, remember an article I wrote on December 23rd - the bottom of Bitcoin's 3-day line. At the time, I gave two rebound targets, one at $8,100 ± $100, and the second to $9,100 ± $100. And that$9,257 was the target given at the time. There is exactly the resistance level of the gold split line. So after the break, he stepped back and he became a support position.
Of course, this is the result of our re-opening, so the analysis on the left often requires right-hand correction. We are now seeing a temporary halt to the $9,260, but it is not a sign of entry.
What's next? Is it possible to do double Bart? Don't rule it out, but I prefer to shock for a while and then bounce back, as I previously charted the trend.
But how to go in the end, not i said, to see the main force and retail game, who is first toss annoying, who will make mistakes first.
As for whether the short-term will plunge, I don't think it's likely. Of course, if there is bad news, you may lose the chance to rebound.
All we have to do is wait for the new entry signal to be sent out and add the position again.

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.