Hunter is a bit busy today, but still does not forget to warn his brothers about risks! Because using Hunter's five-wave analysis method, the decline wave of Bitcoin has already transmitted to the daily level, entering the main downward wave at the daily level! The situation is critical, if you see the following text around four o'clock in the afternoon, listening to me escape is actually not too late, otherwise how big will your pullback be with hands full of fakes! Alright, back to the main point, let's get to the core content! Bitcoin has already formed a downward trend at the four-hour level, and the twelve-hour level is already in the oversold zone, do not expect it to rise quickly in the short term, Hunter believes that as long as there is a rebound next, it will be a trap! In fact, Hunter also reminds everyone not to rush to catch the falling knife, being trapped is inevitable! So where will this wave of bearish release drop to? Pay attention to two important supports: 1️⃣89480 2️⃣83141! Support 1️⃣89480 is a densely traded area at the daily level, there is a high probability of a decent rebound, but if the rebound cannot form a reversal at the daily level, then it is likely to continue testing downward, just watch support 2️⃣83141! Therefore, for the upcoming market, I believe the bulls should mainly wait and see! Don't be anxious, opportunities are earned by waiting!
