The previous bull market cannot be compared with the current one. The environment and trend of the currency circle have long been different.
After the big drop. After two days of rebound, whether it continues to rise or fall, it is difficult to have such a large fluctuation as last week. In fact, the panic in the market is still due to lack of confidence and panic stampede.
$BTC , there is little need for daily level analysis, and the hourly chart rebounded after breaking through 56700 and continued to rise. After encountering resistance at 58400, it fell back to the key position of 56200 again, and currently maintains the upper position. Preparation for a plunge is not ruled out!
After the fall back, there is a small second wave of exploration. There will be a risk of falling after the upward movement, please be prepared!
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