4.1 Old Money Morning Strategy

Bitcoin
At the beginning of the month, it's a new start. Bitcoin surged then pulled back, marking five consecutive months of closing with a bearish candle. Although this candle looks ugly, it also gives many bullish brothers some hope. Currently, the bearish force is still very strong. Since it's the start of the month, the market's direction is still uncertain. Trade what you know well. Old Money can still be effective.

The 4-hour chart currently shows a bearish engulfing pattern that hasn't completed yet. Yesterday's strategy also suggested that around 68,500 could be a light position for a short-term downward move.

The hourly chart looks somewhat like an ascending triangle, so it's still a good opportunity to go long. I added to my long position yesterday, and I didn't publicly announce it, but I successfully gained 700 points.

The 15-minute chart shows a very standard triangle pattern.

Trading idea:
Buy in batches around 67,200 going north, add positions around 66,500,
Protect around 65,900 (holders of short positions can hold them first, following previous target levels).