Bitcoin is still in the adjustment phase…
Yesterday it attempted to break through resistance but was unsuccessful!
Through rational analysis, there are two potential situations,
one is that it may form a continuation pattern, the other is that it may establish a bottom pattern.
From the perspective dominated by the long-term trend,
I currently tend to believe that a bottom pattern is brewing,
it is gradually constructing a multi-layered bottom pattern,
because the key support area has not yet been breached.
As long as this support holds, it is advisable to hold onto the coins and wait for a strong rebound.