Will Bitcoin continue to plummet? How low will it fall?

Yesterday, the CPI surged due to favorable news, but Powell's big mouth in the early morning scared retail investors to sell, and it fell back again. Many people are very worried.

But what I want is that Wall Street's Bitcoin ETF ended with net inflows yesterday, and bought another 1,450 bitcoins, while the US stock market rose sharply and will open higher today, so don't panic for the time being.

For Bitcoin long orders, we opened long at 66,000 on the 11th, and successfully stopped profit at 68,000 and 69,000 yesterday. I think we can continue to open long at more than 66,000. There is still considerable support for the second bottoming out, and then rebound again. If it falls slightly below, then we will stop loss and open orders against support, and the profit-loss ratio is very high.

In addition, we have called for entry at 3-4u for IO, and stopped profit at 6u in the community yesterday. Now let's see if we can buy some more in batches around 4.5 and 5u.

However, the new currency fluctuates greatly, and the next surge will still need to wait for the market to pick up, so be patient.