Mid-term view $BTC
▫️Currently, after $BTC had an ATH and surpassed the 74k mark, leading to market FOMO, Bigboy cleverly trapped all the FOMO brothers at the top and adjusted sharply.
▫️In recent days, $BTC has continuously had a decreasing structure on H4 and D1 with gradually lower highs and lows. There are no signs of significant recovery.
▫️Closing the weekly candle is a relatively large volume Doji candle, showing that there is profit-taking selling pressure at the ATH area of $BTC. The daily frame also closed the candle below 69k (the peak of the old cycle). Absolutely not good signs.
▫️The important reversal zones are 59k2 and especially safe for you to get on board is at the 46k mark.
