BTC is falling
and is penetrating the key support level below
The possibility of breaking new lows will increase with time
In the medium term, due to long-term fluctuations, the momentum has not responded to the downward trend in time
Whether it is a shock first or a direct decline, the follow-up will depend on the continued decline under the guidance of the big cycle
In the short-term trend, after breaking the key support level of 62920, the price fell in small steps
And it accelerated and hit the night market on the 8th, which is considered to be an aggravation of the downward trend. After the subsequent adjustment, the probability of continuing to fall seems to be high, and positions should be adjusted in time
Personal opinions are for reference only
