#BTC Recently, many people have been a bit nervous about this wave of market.
The key point of 12.5 has not been broken, and the market has directly turned into an adjustment.
From the trend perspective, the 5-day moving average has already fallen below the strong zone, indicating that the market is facing resistance, and it is highly likely to be a consolidation period in the short term. The black trend line in the chart is the bottom line of this adjustment.
However, don't panic too much; personally, I still have a positive outlook: after the consolidation, my second target is still set at 145,000 USD.
That's just my style, laying out the logic clearly, the direction won't change.
