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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
More details: https://www
*Important Notice*
First, the monthly heatmap liquidation chart... It suggests that the lowest dip in this drop should reach 109K. Then rebound to 130K.
From August 5th to 8th, BTC will form a pin bottom, and the U that everyone previously used for stop-loss and accumulation can be used to buy back and fill the positions. It is recommended to add positions at the 110K price for Bitcoin. For the trading strategy, refer to my previous exclusive subscription where I briefly explained it.
Moreover, regardless of whether there will be a rate cut in September, Bitcoin's direction is continuously upward. Right now is just a normal pullback. It is definitely not a one-sided bearish market. You can also consider it an absolute bearish trap. 110K is an ideal order placement for going long. Pay attention to the stop loss.