No need to guess the rise and fall of Bitcoin anymore!!
In the last round of increases, the false breakout at 98600 left many long positions above 100,000 trapped, which was also the goal of the operators.
Bitcoin will not fall directly; there is a high probability of one more opportunity to rise to around 95000 before it drops!
The daily structure has formed a head and shoulders pattern, and a downward fluctuation is the inevitable result! This month's monthly line will definitely show a large red bar, targeting 75000.
The only way to operate moving forward: short on any rebound!