Hello everyone, let's discuss our strategy for the new day!
Overall, BTCUSDT has reached its peak in November around the $69,100 mark. It is currently trading at $68,145 after hitting a milestone of $72,000, marking a 0.03% increase for the day.
My current target is for the price to retest the Fibonacci 0.618 level, which is $49,391, and even potentially the 0.5 level at $42,953, which is highly likely and has a good chance of success.
Note: If it confirms a breakthrough of the $70,000 resistance level next week, we will completely fail.
Therefore, set your stop-loss levels for each position and manage risk accurately.
Overall, BTCUSDT has reached its peak in November around the $69,100 mark. It is currently trading at $68,145 after hitting a milestone of $72,000, marking a 0.03% increase for the day.
My current target is for the price to retest the Fibonacci 0.618 level, which is $49,391, and even potentially the 0.5 level at $42,953, which is highly likely and has a good chance of success.
Note: If it confirms a breakthrough of the $70,000 resistance level next week, we will completely fail.
Therefore, set your stop-loss levels for each position and manage risk accurately.
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