Family: $BTC Bitcoin daily level correction, as shown in the chart, the daily uptrend line has been broken, starting a daily downtrend!
At this time, the risk of going long is still very high. This downtrend cycle adjustment is expected to reach around January 15. Currently, Bitcoin has broken the low of the past two days, first heading towards the 90,000 range, then looking at the 85,000~86,500 range. If a spike occurs in this range with increased volume and a sharp drop, boldly buy in the 86,500~85,000 range, and the altcoin market will follow.
This wave has broken the uptrend line, leading to a downtrend line. Currently, it is being suppressed by the downtrend line, waiting for the market to break the downtrend before we can see a bottom and stabilization. Without a breakout, the Bitcoin market remains a smokescreen. There may be sudden drops at any time, so be aware of the risk of decline.
The Bitcoin correction has already seen large funds fleeing. At this time, there are still many optimistic voices in the market. Bitcoin going down to around 90,000 is the first target. If it breaks below 90,000, pay attention to the situation of bottom-fishing near 90,000. If there is a large amount of capital and little price change, there is a high probability of a sudden drop to the 86,500~85,000 range I mentioned before considering buying again, which is a conservative and prudent investment. I will keep an eye on this article. #市场调整後的机会?