You shouldn't panic at this time!

You shouldn't panic at this time!

The conditions for bottoming out are gathering more and more.

1. Bitcoin has fallen to the moving average of multiple time dimensions of technical indicators.

2. Bitcoin's weekly line is about to reach below the middle track of the Bollinger Band. In the past bull market, every time it reaches here, it is the super bottom area, and then it usually washes the market on the lower track for 5 to 7 weeks, and then starts a new round of market. (If so, the market will come at least before the interest rate cut)

3. Falling below the 6 integer mark and washing it repeatedly makes it easier for people to panic.

4. Mentougou's negative news exacerbated market panic. Grayscale's selling did not react before, and the effect of negative news was more likely to be magnified when it fell.

5. It has now fallen to the shutdown price of some mining machines.

6. Retail investors' confidence is gradually collapsing, and those who are bullish now will be scolded.

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#币安合约锦标赛 #BTC走势分析 #德国政府转移比特币

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