Last Week: Two Short-Term Trades Yield 6.93% Gain
Guest analyst Conaldo reviewed Bitcoin's weekly performance using a quantitative trading model. The model identified two short-term trading opportunities, capturing a combined profit of 6.93%. Conaldo noted that the volume and price structure during the rally do not support a trend reversal, and market sentiment remains fragile.
This Week: Range Consolidation with Risk of Retest
Based on current market data, Conaldo expects Bitcoin to trade in a range this week, with limited upside potential and a possibility of a second leg down to test support. He has set clear stop-loss and take-profit levels in his strategy, advising traders to avoid chasing the rally and wait for a confirmed re-entry. For the full strategy, refer to the original source.
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