A few days ago, I said that the market will enter a situation where the big bitcoin is criticized. If the copycats show off a little, the copycats will continue to lie low. The copycat is the weather vane of the currency circle. If the copycat has not adjusted, the younger brother will have to squint, so let's see what stage the copycat has reached.
#BTCTechnical Analysis
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1. The callback starting from the highest point of 108353 is a callback for the previous long rise. After the callback, it will continue to rise, and the overall rhythm has not been completed;
2. The big black line five waves in the figure have never changed, which is the predicted limit position of the callback;
3. The blue line in the figure is the callback path, the first section 108353→92233; the second section 92233→99964; it can be seen that it has entered the third section of the ABC callback;
4. When is the right entry point? As shown in the figure:
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Remember one thing, the correction in the bull market is the best opportunity to adjust positions, change positions, and make adjustments; when the general rise is very enthusiastic, there will be FOMO. Only when the emotions cool down, we have the opportunity to think and make plans.
It has been said many times that the big pie is very important. It represents whether the overall market of the currency circle is upward or downward; but the big pie is not important. When it is determined that the big pie will definitely go up after a period of time, it is important to choose what target can significantly outperform the big pie.