don't buy
Bitcoin Bear Market: Shorting Targets and Resistance Retest
Are you currently enjoying or not with the Bitcoin (BTC) shorting strategy? Do you prefer a retest of the resistance zone for some relief, or are you committed to continuously shorting, targeting a price range of $70,000 to $90,000? The market is clearly in a bear phase, and I've warned you about this in advance—such insights are rarely provided beforehand. Today marks the first day of this scenario. Consider following our signals for more informed trading decisions on WazirX.
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AI Analysis
The current market sentiment for Bitcoin indicates a strong bear trend, with traders debating between taking relief through a retest of resistance levels or pursuing a shorting strategy towards lower ...
AI Recommendation
Given the current bearish outlook, I recommend traders stay cautious and consider the trend's momentum. If you believe in a relief rally, setting tight stop-loss levels around key resistance zones cou...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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