Will the Fed's extension of the rate cut delay the peak of Bitcoin?
I think I should be more conservative and cautious. The volatility at this time is disturbing.
See original
LIVE七号加密学院
--
Bearish
$BTC About to plummet to 30K? Depends on 60K/66K bull support!
The pie may be following a super non-standard wave:
1. From March 18, 2020 to November 21, it was a super lying wave high of 6900
2. From December 20, 2022 to the present, it is the high point of 73,000 points in the super three-wave trend.
3. In theory, there is still a super five-wave trend. Now it is at the high point of the third wave and the starting point of the fourth wave. Will the next target of Bitcoin be 25K-30K?
The condition for this possibility to exist is the confirmation of lying five waves.
Trading straregy:
1. Downward: Pay attention to the effectiveness of 66K and 60K support, reduce positions if it falls below 66K, reduce positions again if it falls below 60K, and continue to hold if it does not fall below 66K;
2. Upward: If it breaks through 71,600 points and 73,666 points, the target will be 82,500 points.
The pie may be following a super non-standard wave:
1. From March 18, 2020 to November 21, it was a super lying wave high of 6900
2. From December 20, 2022 to the present, it is the high point of 73,000 points in the super three-wave trend.
3. In theory, there is still a super five-wave trend. Now it is at the high point of the third wave and the starting point of the fourth wave. Will the next target of Bitcoin be 25K-30K?
The condition for this possibility to exist is the confirmation of lying five waves.
Trading straregy:
1. Downward: Pay attention to the effectiveness of 66K and 60K support, reduce positions if it falls below 66K, reduce positions again if it falls below 60K, and continue to hold if it does not fall below 66K;
2. Upward: If it breaks through 71,600 points and 73,666 points, the target will be 82,500 points.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0
