Looking back at the last cycle, Bitcoin fell for 28 days (18,000 USD) and rose for 24 days (16,000 USD). It is currently in a plunge window period, so it is likely to fall more than rise.

In the last cycle, Bitcoin fell for 7 days (21,000 USD) and rose for 3 days (13,000 USD). So I think Bitcoin can arrange a short position below 62,000 and put the defense at (0.618). If it breaks through, it may test the upper downward trend line. At present, I still think that Bitcoin is likely to fall. #BTC