Amid the recent rally, Bitcoin may be at risk of a secondary pullback. Featured analyst Conaldo leveraged his quantitative trading model to review the past week's BTC price action, executing two short-term trades with a cumulative gain of 6.93%. For the current week, he predicts BTC will oscillate in a wide range and advises a contrarian strategy of buying dips and selling rallies while monitoring key support/resistance levels for potential breakdown signals.
Last Week's Review: Two Short-Term Trades Yield 6.93%
Featured analyst Conaldo conducted a thorough post‑mortem of Bitcoin's price action last week using his proprietary quantitative trading model. The model accurately identified two short‑term entry and exit points, allowing him to capture a combined return of 6.93%. The core of his approach involved catching overbought/oversold extremes during the rebound and strictly adhering to stop‑loss and take‑profit levels.
This Week's Outlook: Range‑Bound Trading, Watch for Secondary Pullback
Conaldo notes that current market liquidity is contracting, and bullish sentiment has not fully recovered. He expects Bitcoin to trade in a wide range of approximately $90,000–$96,000. A break below the lower bound could trigger a secondary pullback. The recommended strategy is to avoid chasing breakouts, take partial profits near resistance, and cautiously accumulate near support. Key signals to watch include daily MACD and RSI divergences.
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