BTC is approaching an important stage. I have recently tried a $10,000 breakthrough, but it has failed twice and this is my third time.
If this challenge also fails to break down, we can see the possibility of a trend shift by forming reverse head and shoulders (triple bottom) as a chart pattern.
On the other hand, if the pair breaks below the $10,000 line, it is easy to expect a fall to the parallel channel lows. In addition, there is a widespread view that the market may be closing the CME window, so it is possible that the price will once drop to around $9,700.
In any case, for BTC, the $10,000 line is more than just a horizon. Therefore, since there is a high possibility of rapid price movements, it is very important in the current market to build a firm trading strategy so as not to be fooled and to thoroughly adhere to the rules.
By the way, my strategy is to wait until the bottom price is solidified, and then wait long.
Even if it fell to $9,700, I would like to expect a long-term rebound from there.
If this challenge also fails to break down, we can see the possibility of a trend shift by forming reverse head and shoulders (triple bottom) as a chart pattern.
On the other hand, if the pair breaks below the $10,000 line, it is easy to expect a fall to the parallel channel lows. In addition, there is a widespread view that the market may be closing the CME window, so it is possible that the price will once drop to around $9,700.
In any case, for BTC, the $10,000 line is more than just a horizon. Therefore, since there is a high possibility of rapid price movements, it is very important in the current market to build a firm trading strategy so as not to be fooled and to thoroughly adhere to the rules.
By the way, my strategy is to wait until the bottom price is solidified, and then wait long.
Even if it fell to $9,700, I would like to expect a long-term rebound from there.
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