🚨 Bitcoin faces the test of ‘M-top’: where will the market trend go? 🚨

Hello everyone! Let’s talk about Bitcoin’s “M-top” pattern. Does it sound a bit technical? Don’t worry, let me explain it to you. 👨‍🏫

The above report said that the price of Bitcoin has shown the so-called “M-top” pattern, that is, the double-top structure, which is usually regarded as a potential bear market signal in technical analysis.

The report also stated that if the price of Bitcoin falls below the support line of this pattern, it may fall further to more than $40,000. Does it sound a bit scary? 😟

At present, Bitcoin does show an M-shaped trend. For this pattern, if the price continues to fall and breaks through this structure, then the price of Bitcoin may really move towards the level of $40,000.

🧐However, I personally think that this situation is unlikely to happen. This view is based on the view of market behavior:

First, mainstream media and institutions influence market sentiment through hype, with the aim of prompting retail investors to sell their Bitcoin under pressure.

Second, we should also think: Will these institutions and giant participants really allow retail investors to easily grasp their preset points and make profits from them? I think this is a bit mysterious. 🤷‍♂️

So, although Bitcoin now seems to have taken an M shape, we still have to stay calm and not be led away by market rumors. Investment still depends on our own judgment and analysis. 💼

#比特币 #M顶形态 #投资分析 #市场趋势 #投资策略