The current trend of BTC at $BTC is clearly in a consolidation phase, but the price must drop significantly for a buying opportunity. Recently, you may have noticed that it's easy to stop-loss and then see a rise, which indicates that it hasn't really dropped deeply. So wait for a significant drop before making a strong move to ensure you're not panicking.

This morning, the price of the currency reached as low as 93742, but overall it held the baseline, and the bullish line surged directly to around 95111. Currently, the market is stabilizing, showing a consolidating trend, and the price recovery will be proportional: the wider the consolidation, the higher the rise. A big movement is about to erupt; are you ready?

The BTC daily chart is like a heavy weight on top, with a big bearish line indicating a deep plunge. Any rebound is crushed by the big bearish line, which is clearly bearish and part of a downtrend. The moving averages are also trending downward, indicating an overall bearish sentiment.