List of Flash News about long position risk
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2025-06-06 02:14 |
Bitcoin Price Analysis: Deeper Correction and Key Weekly Close Level at 100.7K for $BTC Long Traders
According to @BTC_Trader's latest update on Twitter, Bitcoin ($BTC) has underperformed recent expectations with a deeper correction, causing ongoing losses for long positions. The trader emphasizes that as long as the weekly close remains above the 100.7k level, there is still potential for an upside recovery. However, if Bitcoin closes a week below 100.7k, it signals a high likelihood of a multi-month top, which could prompt a reversal and impact overall crypto market sentiment. This level is critical for traders managing risk and planning entries or exits, as confirmed by @BTC_Trader's analysis (source: Twitter/@BTC_Trader). |