Viewpoint: Of course, if you are long Bitcoin, you should set a narrow stop loss
Odaily Planet Daily News According to crypto KOL CrediBULL Crypto on the X platform, if this is the bullish breakout in Bitcoin that we expect, active traders will need to adjust their strategies when entering and exiting positions, which is different from the usual operations in the past few months. He mentioned that he has opened a long position in Bitcoin and set a narrow stop loss at $103,000. If the stop loss is hit, he said the next position worth watching is $102,000. He pointed out that if the momentum is as strong as expected, it may need to be more aggressive because the pullback becomes more shallow.
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