Prediction of the Price Decline Path of the 5th Main Wave of Bitcoin Weekly Level The article I quoted below, 'A Good Opportunity for Grassroots Counterattack? Take You to See Through Bitcoin's Bulls and Bears in the Next Year, Seize the Trend Market and Make Big Money Opportunities,' has already deduced the price trend chart of BTC in the next year. Now we will continue to break down and deduce the price decline path of the fifth main drop wave at the weekly level: 1) Once the price falls below the strong support level of the yellow line of 62500, the countdown to the weekly 5th wave of the main decline will begin, and the price is likely to drop to 60000, which will cause the bulls to start collapsing. However, the bulls will still have illusions; 2) When the price drops to 60000 yuan, technicians will try to intervene and conduct a buying operation called a second dip of 60000 yuan. Therefore, the price will rebound slightly, but ultimately cannot resist the power of the midline trend. 60000 yuan will definitely be broken; 3) After the price quickly drops below 60000, there will be a rebound, with a confirmed break of 60000. After shaking for one or two days, the strong pressure level of 60000 cannot be broken, and the bulls will completely collapse. The price will plummet rapidly, falling to around 50000 in one breath; 4) 50000 is an important psychological key price, but it is just a psychological comfort. The price rebounds by 3000-4000 US dollars, and then continues to fall to the bottom, experiencing another rapid drop of nearly 40500 yuan; 5) Above 40000, there will be a large number of long positions buying, and short positions closing for profit. The trading volume around 40000 will sharply increase, and a strong rebound will begin, followed by wide fluctuations up and down, opening up a volatile market for about two months; 6) The price once rebounded to below 58000 yuan, and then began its final wave of decline to explore the bottom. The price may fall to the range of 35000 to 38000 yuan, falling out of the epic gold pit of Bitcoin and undergoing a bottoming out period of about 3 months. Of course, the price of the last golden pit that fell may not necessarily fall to the range of 35000 to 38000 yuan, but may once again drop to around 40000 yuan to build a bottom. The above is my deduction of the price trend of the 5th main drop wave of Bitcoin at the weekly level, for reference only and for entertainment purposes only!