Crazylambboy

Bitcoin trend falls and meets support, there is a chance to star

Short
Crazylambboy Updated   
INDEX:BTCUSD   Bitcoin

Talented people do not necessarily have good opportunities; being underappreciated requires less lamentation and more reflection. There is no need to be impetuous in life; the more others look down on you; you have to calm down and examine your own objective conditions before you may find a way that suits your talents. If a person wants to achieve success in his own business, he will be unable to achieve anything if he has the shortcomings of frivolity and impatience; he needs a serious and down-to-earth style to do anything

This wave of Bitcoin's decline is fully in line with expectations. The current price has reached the lower neckline support range. In the short term, pay attention to the 21400 support situation. After the support consolidation, you can enter the market in a short time. Bitcoin operation recommends buying at 21400, stop loss at 20900, target 22800-23500.

Bitcoin bearishness is based on the following:
1. Although Bitcoin has fallen from a high level to near the previous platform, the general trend is still dominated by short positions.
2. According to my personal analysis, the five-wave rise of wave A has all ended, and the current fall of wave B a is close to the key point. If it stabilizes here, there may be a rebound of wave B b.
3. The upper pressure is 22800~23500, and the lower support is 21400~20900.

Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻
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