July 16/Mentougou Bitcoin selling is coming. Bitcoin is unlikely to stabilize at 65,000 or 67,000
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The highest point of Bitcoin's rebound on July 16, 63,300, is far from the pressure point of 66,000 in yesterday's article.
Bitcoin's highest rebound point of 63,300 on July 15 is close to the pressure point of 64,000 in yesterday's article
Bitcoin's highest rebound point on July 14 was 60,300, which is consistent with the pressure point of 60,000 in yesterday's article.
The negative impact of Mentougou directly interrupted the strong rebound of Bitcoin. It is a big negative in the short term, but a great positive in the long term. The negative impact of Mentougou has shrouded the cryptocurrency circle for ten years, and it will be faced sooner or later.