The good show has begun⚠️❗️❗️
There is no doubt about the trend of BTC in the future. There is only one trend, that is, falling. Don't be stubborn and do more. The trend of Bitcoin is already very obvious. The rebound is an opportunity to short. The C wave correction has officially begun.
Yesterday, Bitcoin only touched around $64,200, just touching the rising trend line, and then began to fall. The trend is weaker than I imagined. The dealer did not even pretend to be famous. $62,300 is near the middle track of the Bitcoin Bollinger Band daily line. There will be a small rebound here, but it should not rebound much. At most, it is around $63,500. You can go short directly here. This last wave of correction is not low. It will fall below 60,000 in the past two weeks.
According to the market in October, this wave of adjustment will last at least 2 weeks. The end of October is the time to buy the bottom. The bull market has been there, but there will definitely be a correction. Otherwise, everyone will grab money, and the dealer will have nothing to eat.
Bitcoin's current daily level is very ugly, with a strong bearish outlook. Many big whales have also begun to retreat. The volume of OBV has fallen sharply, and the dealer has adopted the usual trading method, fighting and retreating. Fortunately, the weekly trend is not bad, and there should be a new low, otherwise this currency circle is really not fun at all.
Now basically do not consider doing more, mainly high altitude in the face of the big trend, do not rebound, find a very interesting thing, that is, the trend in September, the first two weeks fell, the next two weeks rose, and now October is also falling, see if it will repeat the trend of last month, wait and see.
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