[BTC]

1D
It's been a long time since I've been on the Bitcoin chart.
Since the moving average arrangement is in the same inverted arrangement as before, it seems unreasonable to conclude that the decline is over.
Of course, there may be short-term gains in between, but is this really a good thing? You should look at the chart with the suspicion.
It has not yet broken through the downtrend line, nor has it broken through the main resistance zone ( pink box ).
It is time to constantly doubt the charts, especially since there is also a possibility of bear flags hinting at a decline.
If the blue uptrend line breaks down, it is a confirmation of the pattern and you should keep in mind further declines.

Hope Circuit
As I said in my last post, the best scenario will take some time, but if you don't lower the low point anymore and do the work of collecting the short-term, medium-term, and long-term moving averages that are happening, and then release the trend, it can be interpreted as consolidating the bottom and going up.

Warnings
Since resistance continues to emerge from the resistance zone marked with a pink box, long-term traders can be hit in the back of the head at any time even if they feel that the bottom has fallen, so it is good for their mental health to split profits in the resistance zone.
If you are a long-oriented trader, you need to have the courage to take the plunge and take a loss if it breaks the 88,752 support level.

From the long's point of view, the only things we can rely on at the moment are the 88,752 support level and the blue short-term uptrend line.

It is better to turn on about one 200EMA on the 4-hour frame and trade conservatively, slightly, and when profits are made before the candle rises above it.

If you have taken the class, it is recommended to review the importance of box tickets during the Dow Theory class in the 4th week.

You are responsible for all investments.
For reference only:)

#비트코인 # chart market #BTC