Yesterday, it was indicated that "It's a rebound, not a reversal."
Today, the price declined as expected, hope you didn't go long. What will the trend look like in the next month? Personal opinion, the probability of a large drop in the future is relatively low, but there's a high chance of a second test in the short term! No need to worry about falling all the way to 70,000; the bearish force has been thoroughly released, and the bulls need time to accumulate! After another month, a continued strong rebound is likely, which could strongly shake out the bears. #BTC $BTC
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Yesterday, it was indicated that "It's a rebound, not a reversal."
Today, the price declined as expected, hope you didn't go long.
What will the trend look like in the next month?
Personal opinion, the probability of a large drop in the future is relatively low, but there's a high chance of a second test in the short term!
No need to worry about falling all the way to 70,000; the bearish force has been thoroughly released, and the bulls need time to accumulate!
After another month, a continued strong rebound is likely, which could strongly shake out the bears.
#BTC $BTC