A few days ago, I almost posted a reminder every day: BTC is about to drop significantly, and the next target is 65000.
Now let's take a look at the market — BTC has fallen to 66000, just a step away from my target. Basically, it can reach the 65000 I mentioned today or tomorrow, which is almost consistent with my prediction.
Those who followed along must have made a big profit again.
Of course, what I first saw was a drop from 73000, but I didn't expect it to drop from 72000, which is a 1000 point difference from my estimated position. However, this was still within expectations, as the market cannot completely follow the script, but as long as the direction is right, that's enough.
So how should BTC move next?
First of all, the same thing again: 60000 is not the bottom.
Next, it is highly likely to break below 60000. This decline is not a second probe; it is going to drop further. So, do not rush to catch the bottom. The real bottom is estimated to appear in the second half of this year, and that is still far away.
Of course, it won't be so quick to break below 60000; there will definitely be some indecisive fluctuations for a while. Let's not look too far ahead, let's first see if it breaks below 62500.
So what if you're not on board?
If there is still a chance to rebound to the resistance of the trend line at 68000-69000, you can short without hesitation. Every rebound now is a good opportunity for you to short.
Do not go long in the short term because we are currently in a downtrend.
Remember: do not go against the trend. Those who are in should continue to profit; those who are not should wait for a rebound to get in.