This plunge is different from the past. Bitcoin did not rebound at all during the process, giving people a feeling of extreme despair and even no bottom.

We should wait for the right side to confirm stabilization, such as the three-day line closing at $56,000 or other bottom supports of $50,000-52,000 or even $46,000. It is not recommended that you aggressively open more or buy on the left side.

Because this wave of decline is a bit out of the technical aspect, it means panic selling, so it is safest to wait for confirmation to stabilize before entering the market.

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The bull market is still there. If you don’t know how to layout, you can find me through the pinned article. I am willing to share my experience and strategy with you, just for like-minded people! Get rich together!!