$BTC Where do you think the end point of this decline will be?
The pie has already broken through the lifeline, and it was done in one step without any delay. The last time a similar situation happened was on March 19, but it was quickly recovered the next day. This time, we may not be so lucky.
We reduced our position at 70K, and the corresponding counterfeit prices are also relatively high. Today, when BTC rebounded to 66K, we need to consider reducing our position again. The overall 50% is more reasonable.
The upper trend line suppresses 68000-70000U, which is unlikely to be touched in the short term. The lower support 61.8K is also the neckline of a possible double top, and is also the 60-day decision-making line.
There is an opportunity for a short-term rebound on the 60-day decision-making line. If you are radical, you can try to be long. So, where do you think the end of this round of decline will be?