#BTC

BTC Market Analysis

This recent decline of Bitcoin was indeed within expectations. After a small-scale drop yesterday, the subsequent movement was quite in line with what was anticipated. There was a brief rebound at a smaller scale, followed by continued decline. I briefly shared my thoughts on the smaller scale yesterday, which aligned with expectations; the only downside was that I missed the short position, and the target below has been reached!

In the next couple of days, liquidity will likely be insufficient, and the probability of sideways movement is quite high. When there is no clear direction, it's best to observe more and do less. Spend some quality time with family!