0 reply
0 recast
0 reaction
### š Bitcoin and Ethereum Market Analysis: September 1st š
**Consistency drives success!** The journey toward your goals requires perseverance and dedication. Keep pushing forward, and you'll achieve the life you've always desired! šŖ
š **Market Insights**: Reviewing Bitcoin's latest 1-hour K-line chart, the market remains pressured by extended consolidation. The Bollinger Bands continue to suggest a potential breakout, but Bitcoin faces strong resistance at key levels, resulting in minor pullbacks. The MACD lines are trending upward, indicating a slow build-up of bullish momentum. Despite this, Bitcoin remains confined within a tight range, struggling to make a decisive move. Monitoring these critical levels is essential as market conditions evolve.
š” **Action Plan**:
- **Bitcoin Short Position**: Consider opening a short position around the $53,600 - $55,300 range.
- **Target**: $51,800
- **Stop Loss**: $500
Stay focused and be prepared to adjust your strategy as the market shifts! š 0 reply
0 recast
0 reaction
