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#Bitcoin🪙 Trading Ideas for July 10
📊Trading Strategy:
1. Enter long after stabilizing at 111500.
2. Enter short after breaking below 110500.
Today's market analysis ❤️
Bitcoin experienced a significant surge at 3 AM, skyrocketing directly to 112000, setting a new high. It is important to note that the price quickly retraced after reaching the high, and the subsequent trend may enter a consolidation phase, trading sideways to exchange time for space. It is advisable to enter a long position with light holdings near the low of around 110000 without breaking below, but be sure to set a proper stop loss.