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Bitcoin Short Position Targets and Entry Zone
The current outlook for BTC/USDT is a short position. The recommended entry zone lies between $105,800 and $107,600, with a stop-loss set at $110,100. Multiple take-profit targets are outlined at $104,000, $102,300, $100,300, $98,200, and $95,800. Traders are advised to utilize leverage ranging from 10× to 30×, risking between 3% and 5% of their capital per trade.
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AI Analysis
The opinion suggests a bearish outlook on Bitcoin, with an entry zone between $105,800 and $107,600, indicating anticipation of price decline. The stop-loss at $110,100 provides a safety net against s...
AI Recommendation
Considering the technical setup and the defined risk parameters, it is advisable to proceed with the short position within the specified entry zone. Traders should ensure their stop-loss is strictly i...
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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