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Bitcoin 12-Hour Simple Trading Guide
Current Price: 69500
Long Position (Buy near current price)
- Entry: 69400–69600
- Stop Loss: 68900
- Target 1: 70500
- Target 2: 71000
- Position Size: ≤20%
Short Position (Sell on rebound)
- Entry: 71000–71200
- Stop Loss: 71700
- Target 1: 70000
- Target 2: 69500
- Position Size: ≤15%
Key Price Levels
- Strong Support: 69500, 68800
- Strong Resistance: 71000, 71500
Trading Discipline
- Always set a stop loss, avoid holding unprotected positions
- Light positions before CPI, avoid heavy bets
- Do not go long if price drops below 68900; do not go short if rebound breaks above 71700