Blog — trailing stop-loss RSS

How to take profits and figure out the best way to exit the bull Bitcoin market?

Bitcoin’s performance this year has been amazing, entering a stage of accelerated growth. As of the end of March, it was rising almost every day, with a cumulative increase of more than 40% that month! Although Bitcoin is likely to fluctuate within this range under the current circumstances, the continued influx of "smart money" and institutional funds, especially MicroStrategy's latest large investment, is more likely to deepen people's confidence in Bitcoin as a store of value, and releases a long-term bullish signal!So, where will Bitcoin go next? Generally speaking, it maybe be divided into three directions:1. In the short term, Bitcoin will fluctuate between $60,000 and $65,000 after breaking through the $60,000 resistance level;2. In the medium term, as the...

Continue reading