#BTC At 11:50 pm on Friday, February 16, 2024, today BTC first experienced a wave of decline and then rose again. From a small time level, it is currently in the process of consolidation. Today, BTC first experienced a wave of decline. It fell to the lower edge of the POC in the consolidation area and tested it. It was right around the 0.618 and 0.66 positions mentioned yesterday. In fifteen minutes, it was engulfed and then rose again. The upper edge of the POC was tested. At present, It has fallen back again. It can be seen that it is still in the consolidation range. If it falls to the low point of the consolidation area near 51000 or the lower point of 50600 first, pay attention to the breakout and retrieval. You can go long. If it goes up first, then you can go long. Pay attention to the previous high to see if there will be a false breakthrough and try to go short.
