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海绵进化论
币圈小白
10-19 12:55
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Bitcoin is approaching the short-term supply line. Friday's decline was accompanied by heavy volume, indicating strong selling pressure. Furthermore, Bitcoin's current rebound is weak, so it's highly likely that Bitcoin will test the short-term supply line again. Optimistically, it won't fall below the low of 103,500, but will test the bottom again before rebounding and breaking through the short-term supply line. Pessimistically, it will fall below 10.35, completing the final decline of the fifth wave, and then rebounding and breaking through the short-term supply line. According to wave theory, the fifth wave is unlikely to fall below 100,000. Therefore, I would consider a short-term long position on this dip, anticipating a rebound between 8,000 and 12,000.
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