Monday

Bitcoin experienced a strong drop in the early session, and the trend became increasingly intense. The subsequent price movement will gradually show larger fluctuations; this will be a wave of opportunity, are you ready to embrace it with open hands?

The daily chart has shown four consecutive bearish candlesticks, with support at the lower level around 76000. As long as this position does not stabilize, the price will still rise. Especially for those who have entered the market at high positions and are trapped, avoid careless trades; it's just a matter of time before it returns.

On the four-hour chart, the Bollinger Bands are starting to turn downwards. From the market perspective, the price may continue to retrace, but after hitting the bottom, it can be considered to look for bullish opportunities. I believe we can consider bullish near 76000, with a target around 78500.

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