8.22btc fell back to around 112,000 yesterday, just reached my target position, it couldn't be more accurate, otherwise people would think Jiang Wei is cheating [so happy]
Bitcoin's current K-line chart is in a stage of fluctuating downward movement, every rebound is met with a bearish candle covering the rising K-line, thereby achieving a bearish engulfing pattern. So now the important level is still the bottom at 112,000, this position will determine whether the downtrend can continue. From the current perspective, the bearish signals are dominant, and breaking down is just a matter of time.
So during the day, I will continue to maintain a bearish outlook above 114,000, with a target of continuing to 112,000, and if it breaks, look down to 100,8#BTC☀ .