BTC's 4-hour chart shows a very rhythmic decline, breaking through minor support levels and accelerating the drop. It falls to the next support zone, rebounds for recovery, and then breaks down again... This downward rhythm is very steady. The next support level is around $63,000. Let's see if it breaks through and creates another wave of panic selling. If it makes another new low reaching $50,000+, then definitely buy the dip!!! If you're still hesitant to buy at that level, you shouldn't be playing the market. With BTC at $50,000+, even with a small probability of further declines, the drop won't be much lower. (Chen Jiaguan)
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