The decline in the European market has been quite strong!
The Bitcoin price has dropped by over 2000 points, and the support level at 104,000 is right in front of us. This position happens to be the middle band of the four-hour Bollinger Bands. If it can't hold, the next stop will directly look at 102,000!
Don't expect a reversal in the U.S. market tonight; Mo Fei believes it will continue to explore downwards. Right now, the market is in a high-level consolidation; those who need to reduce their positions should do so quickly, and those who need to take profits shouldn't hesitate.
The rest is up to the market; let's sip tea and watch the show while waiting to pick up cheap chips! Remember, in such a market, staying alive is more important than anything else, so don’t go head-to-head with the market!
Want to double your account, want to enjoy big profits, want to successfully recover losses
Stay close to Mo Fei and position yourself ahead of the main upward trend of the bull market!
