Rise

<ul class="news-points"> 
 <li><strong>Crypto Tony revealed that he will keep his BTC long position open for as long as it trades above $33K.</strong></li> 
 <li><strong>In his post, the trader did share that he will hedge his position with a short if BTC breaks below $34,100.</strong></li> 
 <li><strong>At press time, BTC was trading hands at $34,906.62 following a 24-hour loss of 0.75%.</strong></li> 
</ul> 
<p>The cryptocurrency trader and analyst Crypto Tony revealed in an X post today that he will continue to remain in his long position for <a href="https://coinedition.com/tag/bitcoin-btc-news/">Bitcoin (BTC)</a> in the next few days. According to the post, the trader entered into a long position when the market leader was at $29K, and Crypto Tony will keep this position open for as long as BTC remains above $33K.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> / <a href="https://twitter.com/search?q=%24USD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USD</a> – Update <br><br>Simple play here legends. I remain in my long entered at $29,000 while we are above $33,000, and i will be hedging short if we lose $34,100 support zone <a href="https://t.co/gnlZc7blmL" target="_blank" rel="nofollow">pic.twitter.com/gnlZc7blmL</a></p>— Crypto Tony (@CryptoTony__) <a href="https://twitter.com/CryptoTony__/status/1721435246854357205?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 6, 2023</a>
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<p>Although the trader maintains a positive outlook for BTC in the short term, he did share the price at which he will consider hedging his position by shorting the leading cryptocurrency. In the post, Crypto Tony revealed that BTC losing support of $34,100 will be his entry f…</p>
<p>The post <a href="https://coinedition.com/btc-may-rise-as-long-as-it-stays-above-33k-says-trader/">BTC May Rise as Long as It Stays Above $33K, Says Trader</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

BTC May Rise as Long as It Stays Above $33K, Says Trader

Coin Edition

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