Crazylambboy

Bitcoin temporarily corrected, the current bearish trend will co

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Crazylambboy Updated   
BITSTAMP:BTCUSD   Bitcoin

In this world, there is no perfect choice. It is impossible for us to have spring flowers and autumn moon at the same time, and it is even more impossible to have both fruits and flowers at the same time. We must learn to give up something in the busyness, and then we can get something.

The overall retracement trend of Bitcoin is impulsive. It fell for a period of time and then fell into a consolidation. When the time comes, it will continue to decline, so don't worry too much about the shocks. The market trend has not changed and is still bearish. Bitcoin operation recommends selling at 22800, risk control at 23400, target 21500~21400.

Bitcoin bearishness is based on the following:
1. Bitcoin has fluctuated and consolidated on the Xiaoyang line for three consecutive days, and it is about to face another downturn.
2. According to my analysis, the five-wave rise of wave A has all ended, and the retracement of wave B a has not yet all ended. The later stage mainly depends on the effect of the low point support of wave A 4.
3. The upper pressure is 22700~23500, and the lower support is 21500~21400.

Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻
Comment:
Bitcoin is perfectly in line with my expectations today, did the trader operate?
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