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mystry-蛋先生
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1-8 Bitcoin Analysis: Double Top Plunge! Wave A falls, wave B rebounds, wave C falls?
During this wave of rise, Dan remains skeptical. In his previous analysis, he also said that the price of Bitcoin has gone up, but the volume and energy have not matched up. Once it breaks through 100,000 US dollars and reaches the 102,500 position, Dan is very willing to do so. The left side of the order is bearish on Bitcoin, so yesterday it also made a double top and started to sell downwards.
Returning to the short-term: Bitcoin has made a double top and started to decline, and the Dayin K directly broke through the important support + upward trend line of the previous head and shoulders bottom pattern. There was no rebound. Many people will think about it when they see this kind of market crash. By copying the bottom, you end up trapping yourself in it.
So currently, looking at the entire market, Bitcoin is likely to follow a downward channel trend and fluctuate within a narrow range. The ultimate goal may be to remove the liquidity of 91,000 below. If there is a rebound position in the future, Dan’s first bullish view is The position is the support near 930
It is impossible to say whether there will be a rebound now, of course! Dan is still happy to rebound, because whether it is in the square or the brothers who are paying special attention to it, Dan has already prompted to take profit and won a profit of 6,500 dollars, so once the subsequent rebound touches the 980-985 price position, Dan will try to do the second Second empty order. Whether it will be touched in the future is impossible to judge at the moment. The basic trend of this kind of bull market is to fluctuate and fall. It is impossible for the banker to say that the rebound will allow the bulls to unwind and then proceed to sell down. #BTC☀
During this wave of rise, Dan remains skeptical. In his previous analysis, he also said that the price of Bitcoin has gone up, but the volume and energy have not matched up. Once it breaks through 100,000 US dollars and reaches the 102,500 position, Dan is very willing to do so. The left side of the order is bearish on Bitcoin, so yesterday it also made a double top and started to sell downwards.
Returning to the short-term: Bitcoin has made a double top and started to decline, and the Dayin K directly broke through the important support + upward trend line of the previous head and shoulders bottom pattern. There was no rebound. Many people will think about it when they see this kind of market crash. By copying the bottom, you end up trapping yourself in it.
So currently, looking at the entire market, Bitcoin is likely to follow a downward channel trend and fluctuate within a narrow range. The ultimate goal may be to remove the liquidity of 91,000 below. If there is a rebound position in the future, Dan’s first bullish view is The position is the support near 930
It is impossible to say whether there will be a rebound now, of course! Dan is still happy to rebound, because whether it is in the square or the brothers who are paying special attention to it, Dan has already prompted to take profit and won a profit of 6,500 dollars, so once the subsequent rebound touches the 980-985 price position, Dan will try to do the second Second empty order. Whether it will be touched in the future is impossible to judge at the moment. The basic trend of this kind of bull market is to fluctuate and fall. It is impossible for the banker to say that the rebound will allow the bulls to unwind and then proceed to sell down. #BTC☀
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