Bitcoin market analysis #BTC #BTC走势分析
Although the previous V-shaped reversal in the 4H cycle showed strength, it failed to continue, and the high point continued to decline.
In the 1H cycle, the high point of the small cycle rebound is still lower, and the rebound space is quickly exhausted and even hits a new low.
The oscillation channel on Saturday and weekend is running. Combined with the previous weak state, it is believed that this is a potential decline relay, and many people also call it a bear flag.
If the channel is broken, the market is very dangerous and it is believed that it will accelerate downward.
