Evening thoughts on July 29
Bitcoin has remained steady above 118,000 for the past couple of days, mostly fluctuating between 118,500 and 119,000. In this situation, there is still capital flowing into the market, with nearly 400 Bitcoins entering within half an hour. This proves that the trend of Bitcoin remains stable and strong.
Idea: You can go short at the range of 118000-118500 for Bitcoin, with a target of 119500-120000, and a stop loss at 117500
#BTC# .