Brothers, today is Saturday. Bitcoin started to plummet late last Saturday night. Within a week, Bitcoin has plummeted by 10,000 points, showing the instability of virtual currency. If it continues to fall at this speed, I think this cycle will really start with 3. It fell so fast and so deeply. It will only get faster and faster in the future, so fast that the main force can't stop the car, so fast that everyone is running away and scrambling to trample.
The highest point closest to us was 72144 on June 7, and on June 13, 6 days later, the lowest point was around 660, a drop of 6000 points. On March 14, the historical high of Big Pie was 73881. On March 20, 6 days later, the price reached a low of 608, but only one day later, Big Pie reached 680, a surge of nearly 8,000 points. Pushing the timeline forward to the last bear market on November 10, 21, the price was 690 at that time. On November 6, 6 days later, the lowest price had reached the lowest point of around 580. I have said so much above, just to tell you that we are at a crossroads again. If today If it cannot rebound above 630 or maintain the current price fluctuation, it will continue to fall. After breaking through the 60,000 mark, there will definitely be a stampede.
Brothers, once the consensus on value collapses, it will be re-established when most people feel that it is worth the money. Therefore, the time to break through 60,000 will determine the depth of this callback.
Based on the above speculation, my next strategy is to rebound short, but I won’t hide it from you. I entered a long order at 607. I am betting that the price will come to around 630$BTC
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