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Bitcoin breaks down and plummets, wait patiently for stabilization
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#大盘走势 #ethfi #ETH #W #op
🔹Reviews of Cognitive Society
On May 1, Bitcoin finally plummeted, with the lowest price at 56,500.
The first weekly top of Bitcoin is confirmed and forms in line with the title of the article published by Cognitive Society on April 29.
Although Bitcoin rebounded from 56,500 to 58,000 or even 59,000, Bitcoin has been consolidating in the range of 58,000 to 70,000 for too long, and the drop below the neckline should not be so small.
The support effect of Bitcoin near 55,000 is good, and the real strong support level should be around 50,000, because 50,000 was a strong pressure level before. Bitcoin's daily and weekly lines have gone bad, so wait patiently for another bottom. A sharp drop is an opportunity, just don't let it fall.
#大盘走势 #ethfi #ETH #W #op
🔹Reviews of Cognitive Society
On May 1, Bitcoin finally plummeted, with the lowest price at 56,500.
The first weekly top of Bitcoin is confirmed and forms in line with the title of the article published by Cognitive Society on April 29.
Although Bitcoin rebounded from 56,500 to 58,000 or even 59,000, Bitcoin has been consolidating in the range of 58,000 to 70,000 for too long, and the drop below the neckline should not be so small.
The support effect of Bitcoin near 55,000 is good, and the real strong support level should be around 50,000, because 50,000 was a strong pressure level before. Bitcoin's daily and weekly lines have gone bad, so wait patiently for another bottom. A sharp drop is an opportunity, just don't let it fall.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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