It has been 16 days since $BTC made a high of 87396. Is the move from 87396 a daily-level correction or a weekly-level correction? We may have an answer as soon as this week:
The lower observation point has moved up to 84000. As long as the price does not break below 84000 again, we can basically confirm that the entire correction was from 87396 to 82563, and that the move from 82563 is a daily-level advance.
If the move from 87396 is a daily-level decline, the correction should end this week and the price should continue upward. If it fails to break above the previous high this week and subsequently falls below 84000, the correction will continue. A break below the blue Gann angle line 2/1 would raise the possibility of the correction expanding to a larger degree. #BTC走势分析
The lower observation point has moved up to 84000. As long as the price does not break below 84000 again, we can basically confirm that the entire correction was from 87396 to 82563, and that the move from 82563 is a daily-level advance.
If the move from 87396 is a daily-level decline, the correction should end this week and the price should continue upward. If it fails to break above the previous high this week and subsequently falls below 84000, the correction will continue. A break below the blue Gann angle line 2/1 would raise the possibility of the correction expanding to a larger degree. #BTC走势分析
