$BTC will continue to torment individual investors through long-term downtrends and sideways movements before entering an uptrend in a downward accumulation pattern!

As we analyzed yesterday, BTC was in the third drop and had an unimaginable recovery from the 59k area to the 63k area, causing many people to mistakenly think that this was the bottoming phase of BTC in the short term. However, if you look back at the scenario of BTC accumulating downwards in the 2019 cycle, we continuously see BTC bull up like yesterday's session, then continue to accumulate sideways, then downtrend for a long time, the purpose is to eliminate individual investors who want to make quick profits in this market without knowledge of economic and BTC cycles.

According to the 2019 scenario, BTC is currently in the downward border zone, so in this period, when the price touches the upper border, it will return to the lower border in many ways, it can go down for a long time or there will be a strong dump in a short time, then when it touches the lower border, it will go up to the upper border. And now we have seen BTC touch the upper border and is in the process of going to the lower border.

Because today is Saturday and Sunday, BTC is likely to move sideways to create narrow price fluctuation zones and then go to the border zone below 55k.

Because BTC is in the process of going to the lower border, in the current period, we should only wait for BTC to have a recovery phase with large volume to watch for shorting altcoins that have been distributed or are in phase B according to the wickoff method to short at peaks or resistance areas, not necessarily predicting how BTC will go in the accumulation zone!