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📉#BTC market analysis update:
Since Bitcoin was strongly pressured by the $120,000 short position, its price movement has been oscillating downward within the Fibonacci speed line resistance zone, frequently exhibiting "bullish gravestone" patterns, with bearish sentiment prevailing.
🔻Strategy View:
🔸Continue to lay out short positions above 119,000
🔸Target levels to look for in batches: 115,800 ➝ 114,000 ➝ 111,000
💡 The technical structure combined with 【AB=C】 and wedge breakout suggests that the bearish trend is likely to continue.
📊 For a detailed explanation of the chart, please see below, and remember to like + share for support!
#比特币 BTCUSDT #币圈分析 cryptocurrency