In the past two days, the movement of #BTC!💰 has neither continued to be bullish nor plummeted, but many people have become increasingly bearish🥺🥺
I am waiting for the market to appear with a target of less than 40,000 US dollars. Although the ETF news is false, the market at that time is also very illustrative.
So what is my basis for being bearish?
Market trend indicator: Triangular wedge relay position, false breakthrough is somewhat similar to a market in July, and this false breakthrough fluctuated up to 5,000 points due to a false news.
In addition, I looked at the previous market situation carefully and found that there was a wave of decline before each surge. The market market in late August and early September 2020 also fluctuated at a high level and then followed a large decline, and then started a bull market. Violent violence.
Of course, I still hope that the ETFs of several major institutions can pass, and some stocks that are under holding Coinbase seem to have something going on, such as $ARK’s wooden sister, so I still hope that there will be a wave after the big drop. .
