About the market of Bitcoin.

Yesterday, many people looked at the double bottom and even fantasized about breaking through the neckline. I think it's boring.

Since the beginning of June, the weekly line has been negative for four consecutive days. With such a downward trend, the probability of reversing the double bottom made in four days is extremely low.

Looking back at the history of K-line, Bitcoin only made such a rapid reversal in March last year. In most cases, the end and reversal of such a trend requires a prerequisite-several weeks or even months of shocks to wash the market and absorb funds.

As for where the bottom is, there is no need to rush. It will come out by itself. If you have to guess, I guess 4w.

For subsequent judgments, as I said a few days ago, if 6w can't hold up, there is a high probability that there will be no good market in July.

In terms of operation, before a clearer bottom signal appears, I choose to give up the opportunity to go long and give up the ambiguous opportunity. I will go short when I see a downturn, and I will close my short position when I see a rise. If I don't see an opportunity, I will sleep and curse.

#BTC下跌分析 #BTC☀️ #BTC走势预测