On Thursday morning, Bitcoin has fallen a full 10,000 points since yesterday's high of 102,800. There is really no sign of stopping the decline, and there is not much rebound at all. At least for now, it is still falling. The overall rhythm is weak.
The short-term lower support is around 92000, which is also the low point reached in the previous period. We are not afraid of a sudden plunge, but we are afraid of a continuous decline. The spread of panic will affect everyone's desire to trade. Of course, this process will be very long and tortuous.
Judging from the technical structure, after the daily negative line fell back under pressure, it continued to close down, showing strong continuity. As the rebound highs continued to exert downward pressure, the lower lows also continued to move downwards, with strong support in front. In the low 92,000 area, if this position is lost, it is expected that this wave of 90,000 will also be lost with a high probability. Then we will look at the price of Bitcoin with the prefix "8", so I would like to remind everyone, do not buy the bottom, be cautious in going long, and it is best to follow the trend. It's no use being stubborn if you're short selling, the market will teach you how to be a good person.
In the short-term operation of BTC in the morning, it rebounded from the 95500-96000 area, and the target is 92500-92000. If it hits the breakout, come again!
The state is great, the winning streak is still there, you are not sure whether you are long or short, you have to know your ideas correctly and walk side by side! Create greater glory! #加密市场回调 #微策略持续增持BTC #市场调整策略