#BTC Hold the chips tightly

On the 13th and 14th, the Shanzhai plummeted. I wanted to say something, but after thinking about it, I decided not to, because most people are immersed in the pain of the plummet. At this time, silence is better than words. The lost funds can only be smoothed out with time, and the mood should be adjusted before starting again.

Back to Bitcoin, whether Bitcoin is currently a four-hour correction or a daily level correction needs to be observed later. Originally, in my opinion, mid-to-late April should be the time for Bitcoin to set a new high, because the four-hour level correction is about to end, but a sudden wave of decline, and falling below 60750, caused the K-line chart to change. If the third four-hour correction is completed, then the current trend may be a daily level correction. But considering that the time of breaking below 60750 is not long, it may also be a four-hour level. The key is whether it can break through 71000 in the next few days.

At present, the main idea may also be to test while walking. You can find that Bitcoin can't fall down, and it is difficult to rise, so it can only fluctuate at a high level, and through the way of washing Shanzhai, retail investors will panic, and then sell Bitcoin to complete the accumulation of funds. This is a typical example of killing a chicken to scare the monkey.

Summary: I am still inclined to a 4-hour correction, the daily line is still upward, and the weekly line is upward. If the one-hour level cannot break through 68,000, there is a high probability that it will be corrected again to around 61,000-63,000.