#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.
BTC1.77%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)