$BTC

BTC Bitcoin is still blocked at 0.618 at the large level; there is no change in the overall situation, and the small level continues to consolidate to relieve the upper selling pressure; the retracement short position is always a short run, because there is no obvious decline in 1 hour and 4 hours; If Bitcoin retreats after consolidation, the downward retracement is as shown in the retracement pattern in Figure 1. As long as the price is above the support position of 60124, it is a benign retracement, and the rebound structure is not destroyed; if you want to take this retracement short position, you still need to be patient.