How should we view the current Bitcoin market?

It turns out that the entire Bitcoin market has been seeing higher lows, so the entire market has a bullish structure, so it’s not wrong for us to look at the long side. From the chart, we can see that it has fallen below the central axis, and it has fallen below the central axis. It is the 67500 area. This area is also a chip-intensive area. This is a very critical point.

So since it is a key point, there is no way to stabilize above the chip-intensive area in the short term, so the long position will turn short in a short time, and in the short term on the weekend, it is more inclined to double dip.

Judging from the four-hour level in Figure 2, Fibonacci 0.618 is the turning point for both long and short positions, which is the high position of around 69,000 in the 21-year history. If you do not pursue Fibonacci, and simply look at the disk, it will be a low price. Once the needle position of 67500 does not stabilize above, it is a signal to enter the market with a short order #BTC