Last Week’s Review: Two Short-Term Trades Captured 6.93%
Special analyst Conaldo revisited Bitcoin's price action last week through a quantitative trading model. Two short-term trades were successfully executed, yielding a cumulative return of 6.93%. The model triggered entry signals during the initial bounce and signaled exits near key resistance levels, delivering expected win rates and risk-reward ratios.
This Week’s Outlook: Beware of a Second Leg Down, Stick to Range Boundaries
Current signals from the quantitative model indicate that Bitcoin’s short-term rally momentum is fading, and a second test of lower support remains highly probable. Conaldo forecasts that Bitcoin will continue to trade in a range this week. The recommended approach is to wait for a confirmed pullback before going long, or to take light short positions near the upper boundary of the range. Actual entry and exit points should be adjusted based on real-time model parameters, with strict stop-losses in place.