#BTC走势分析
BTC is still in a downtrend. Even if a bottom is to be formed in the short term, it needs sufficient consolidation. The weekly chart shows consecutive declines. What can change the downtrend? A sideways movement and a big bullish candle, right? Tomorrow we close the weekly chart. Currently, this weekly candle clearly cannot be reversed immediately. If we want to form a bottom here, for example, if the daily chart closes bullish tomorrow, then the day after tomorrow we can continue to rise. Then the 3-day chart starting on the 15th can close bullish, and only then can we continue the rise of the next 3-day chart, which is how a short-term bottom can be formed.
Below the monthly line, there are positions around 74000-76000, and further analysis will be done later.
#BTC
BTC is still in a downtrend. Even if a bottom is to be formed in the short term, it needs sufficient consolidation. The weekly chart shows consecutive declines. What can change the downtrend? A sideways movement and a big bullish candle, right? Tomorrow we close the weekly chart. Currently, this weekly candle clearly cannot be reversed immediately. If we want to form a bottom here, for example, if the daily chart closes bullish tomorrow, then the day after tomorrow we can continue to rise. Then the 3-day chart starting on the 15th can close bullish, and only then can we continue the rise of the next 3-day chart, which is how a short-term bottom can be formed.
Below the monthly line, there are positions around 74000-76000, and further analysis will be done later.
#BTC