Will Bitcoin fall below $90,000 again?

Does this drop count as a second touch? If we only look at the 4-hour chart, Bitcoin not breaking a new low can be considered a second touch;

I've been waiting all day for confirmation of the second touch at the bottom, but it has just been dragging on. Currently, the market is very weak, so weak that it reminds me of something I heard when I first learned technical analysis: In a bull market, if a rapid drop cannot be quickly recovered, it is very likely to create a new low!

Today several crypto friends asked me: Will Bitcoin $BTC break $90,000 again, or even go between $80,000 and $85,000? I said I can't confirm that anymore, because the altcoins have dropped too badly this time. If Bitcoin goes down to $85,000, the altcoins will be severely impacted!

But the market does not change according to people's will. Tomorrow at 21:30, the US CPI data will be released, and on Thursday at 21:15, the European Central Bank's interest rate decision will be announced. These are the two recent financial events, and there is one more potential black swan event: the situation in Syria. Israel has already sent troops into the Syrian capital; I don't know what kind of chain reactions this will trigger?

One thing I can confirm now is: If it drops, buy. I have already bought in 3 times, and I'm almost at 70% position. So with the determination of a man, I'd rather be stuck than miss out!

I believe that right now, there is gold everywhere. After a year and a half, looking back, the current rise and fall on the K-line is all a straight line. If I'm wrong in my understanding, then I accept it, after all, investing is the realization of your understanding!