Tonight, Bitcoin was affected by the decline of gold. It is not surprising that Bitcoin fell below 64,000.
Some time ago, gold broke through a new high, but Bitcoin performed very weakly. This proves that Bitcoin is not digital gold.
Gold rose, Bitcoin fell, gold fell, and Bitcoin followed suit, proving that funds in the market are slowly flowing out. The current trend is also in line with my previous view prediction. I said that the next three months must be the main battlefield of the Air Force. Under the pressure of being scolded, I encouraged everyone to defend and short at 70,000. It is unanimous that it will break 60,000 first. If 60,000 is unstable, then look at 50,000.
As long as the downward trend is confirmed, there will be no strong support rebound at the bottom in the next three months and it will fluctuate and go sideways for a period of time. Any bullish view is not advisable.
I will announce my bearish point below, hoping to help everyone.
BTC: 70000-68500-65800-64500 are all opportunities for shorting. If you missed the 70,000 shorting, I tell you that 68500 shorting is also cost-effective. Defend 70000, but you are hesitating.
When 66000 rebounded to 69000 and could not break through 70000, and then fell to 66000, I said 68500 is a good point and can be entered, but some people still say that it is not possible to take it.
I also said before that 65800 is a good point and defend 68000. I don’t know how many people did it.
If you don’t believe me, you can look through the previous content, which is all recorded.
Now 64500 is also a good point. Defend 66000. I don’t know if it can attract everyone.
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