On February 8th, Bitcoin market analysis from a higher timeframe perspective. The Bitcoin short positions are not yet complete; the final decline, which is the third wave, is still pending. From a time cycle perspective, multiple higher-level timeframes indicate that the bearish trend needs adjustment, so do not be fooled by a temporary rebound. Blindly buying low. The winter of Bitcoin has arrived, and the oscillation cycle will require several years of adjustment. However, this kind of adjustment also sets the stage for future major market movements. So, you must understand that your principal is racing against time. #比特币 #BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
On February 8th, Bitcoin market analysis from a higher timeframe perspective. The Bitcoin short positions are not yet complete; the final decline, which is the third wave, is still pending. From a time cycle perspective, multiple higher-level timeframes indicate that the bearish trend needs adjustment, so do not be fooled by a temporary rebound. Blindly buying low. The winter of Bitcoin has arrived, and the oscillation cycle will require several years of adjustment. However, this kind of adjustment also sets the stage for future major market movements. So, you must understand that your principal is racing against time. #比特币 #BTC