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Bitcoin Trading Strategies

BINANCE:BTCUSDT   Bitcoin / TetherUS

Short-term trading strategy:

Resistance level at 23280 .If it breaks through 23280, it is bullish and can go up to around 23350. If it falls below 23120, it will likely go down to around 22960.


Medium-term trading strategy:

Based on the previous trend, I expect Bitcoin to find support near 21375, with resistance at 25043.

If it does not rebound and stabilize around 21375, it will likely drop to around 18979, and rebound to 21375 afterwards. If it breaks through, it will continue to rise towards 25043 and potentially up to 28222.

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