Bitcoin hits the bottom twice, and it still falls sharply!
I believe that many people are afraid to get on the train after seeing this. They are afraid of missing out if it rises, and afraid of being trapped if it falls. This is human nature. When the right time comes, you must dare to take action. This wave fell to around 55633. Whether it is left-side trading or right-side trading, at this position, the purpose should be the same, looking at more or rebounding, rather than going short, because this position is likely to be the second bottom of this wave.
Now the dealer has been releasing smoke bombs, making people feel something is wrong. They don’t pull the market when releasing good news, and they don’t smash the market when releasing bad news. What exactly do they want to do? This is just a cover-up, making people feel that it will continue to fall sharply, and then secretly absorb funds.
This wave has stepped back to around 55622 again, and has not created a new low. So there should be a rebound here, or the signal is directly pulled up. The non-agricultural data will be released tonight. Many people have bought here and left. It is nothing more than a needle below. If it does not break 54500, there is really nothing to panic. The follow-up will definitely be a violent pull-up.
At present, all indicators are at the lowest level in history. If there is not much now, when will there be more? As a firm believer in Bitcoin bullishness, every decline is for a better rise.
At present, the price of Bitcoin is around 56000, defending 700 points, and continuing to look at the first target of 60,000 unchanged.
At present, the price of Ethereum is around 2369, defending the previous low, and continuing to look at the first target of 2530.
