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Bitcoin Short Position: Reasons and Analysis

Send an article to everyone to talk about the reason why I opened a short position at $65,000. This market is not a real bull market, it can only be regarded as a rebound of a bear market. As for why it has risen so much, it is because the passage of EFT has led to the institutional With the funds coming in, I personally think that the market will enter a period of decline and collapse in the next half year. If there is no major correction, the bull market next year will not have a high multiple. There is still a high chance that Bitcoin will fall to around 20,000. , from a technical point of view, it is now considered a double-top price. I have a small position of 2 Bitcoins. If it continues to rise, I will not cover the position. To be honest, the market is indeed a bit fierce now. If it really rises to 100,000 dollars, I will explode. I have no regrets about the position. The current price is too tempting to open a short position.Bitcoin Short Position: Reasons and Analysis

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