BTC Comments on August 5:

- Yesterday I correctly identified that the BTC frames were all heading towards the 56-57k price range. However, the Leader's psychology is not stable, leading to one opinion but the wrong order. Doing it now still costs 6% tk in yesterday's strong dump. However, it also helps me stay mentally stronger than before and will continue to stick to my judgment.

- Frames D1-D4 continue to penetrate deeply with no signs of recovery. Perhaps there will be a recovery wave at the old bottom of 53k, but the 53K mark in the next 2 D4 candles will definitely be broken.

- Frame W1: If a doji candlestick is formed with a peak around 59-60, then this week we will probably see a bottom of 50k 🥶

- Frame W2: BTC seems to want to quickly push down past the MA price line of the BB indicator. The bright spot is that one peak in the 60x region is still visible

=> My opinion is that this week BTC will still crash strongly down. Many people probably thought there was no way btc would collapse so quickly, if it collapsed at that price, they would sell their house to buy btc.... However, at that time, the market psychology was filled with fear, and people were afraid to see a big change. The new bottom is even deeper. #Write&Earn