Lao Bai will talk about the recent market conditions. In fact, I have explained the details very clearly in the video. You can take a look at it. I will explain it in text this time!
First of all, the bear market has come. Don’t have any illusions. In the past two days, Bitcoin fell below 56,000 and rebounded to around 58,000, but it did not break through. Instead, it continued to fall back. At this time, it will continue to fall! The blue line is a large bull market flag that has been broken. The most perfect form is to fall without breaking the rebound to fill the gap of 62,000 above and then complete the third decline again to welcome the arrival of the bear market!
The general reason is that the low point is 55,000. If it is regarded as three corrections, then there is still one more. There is a chance only if it stabilizes. However, it fell in August and generally fell slightly in September. October rose in the previous few times. So there are still chances to rise in October and November. Then, when#ahr999reaches 0.45, do you still have funds?
As for other altcoins, I am more optimistic about $ORDI. The K-line shows a perfect 5-wave decline. If the market stabilizes or falls, it may perform very well!
