The major Bitcoin drop is still not enough
-20% is at 88,000 -30% is at 78,000
The moving average rise is estimated to be at 88,000
The most important MA this round, 365 and 390, have not broken
Bitcoin, due to ETFs and various micro strategies,
may not immediately face a death cross here; it still needs a week or two to confirm
In the previous round, the two peaks of Bitcoin were 210 days apart,
this round, the two peaks are 140 days apart
As long as Bitcoin does not fall below 88,000, it can still reach a new high
I think it's time to review how the weekly divergence of the seven sisters in the US stock market was resolved. Bitcoin belongs to the US stock market; it is still not appropriate to fixate on gold. The participants in gold are the central banks of various countries, so looking at the US stock market has greater reference significance. $WCT $BTC