Bitcoin can consider bottoming out around 7.1, with a stop loss below 70,000. If you're watching the market closely, just keep an eye on 7.1. In case of a rapid drop and a spike down to this price level, the lower the better for buying in.
Reason: After the previous bear market bottomed out and rebounded to the 120,000 high, it retraced 50% along the Fibonacci retracement line, which is also the wave top of the previous rally. $BTC #加密市场隔夜V型震荡
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Bitcoin can consider bottoming out around 7.1, with a stop loss below 70,000. If you're watching the market closely, just keep an eye on 7.1. In case of a rapid drop and a spike down to this price level, the lower the better for buying in.
Reason: After the previous bear market bottomed out and rebounded to the 120,000 high, it retraced 50% along the Fibonacci retracement line, which is also the wave top of the previous rally. $BTC #加密市场隔夜V型震荡