Bitcoin is currently in a major low-density consolidation zone supported at 83,100. At this point, it is important to note that the pattern structure has already exited the consolidation phase. Meanwhile, the 2-3 day level has undergone a zeroing axis adjustment, so the key point now is whether the market can effectively break below the 83,100 level. If it breaks below, Bitcoin may experience a large-scale downward trend, completing the first wave of decline to 60,000, then continuing to fall to 45,000 after a correction, followed by a bullish rebound and adjustment. Cryptocurrencies are experiencing a winter. #比特币
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January 25th Bitcoin
Bitcoin is currently in a major low-density consolidation zone supported at 83,100. At this point, it is important to note that the pattern structure has already exited the consolidation phase. Meanwhile, the 2-3 day level has undergone a zeroing axis adjustment, so the key point now is whether the market can effectively break below the 83,100 level. If it breaks below, Bitcoin may experience a large-scale downward trend, completing the first wave of decline to 60,000, then continuing to fall to 45,000 after a correction, followed by a bullish rebound and adjustment. Cryptocurrencies are experiencing a winter. #比特币