When will Bitcoin accelerate its decline? When will the deep bear appear? When the price of Bitcoin falls below the last line of defense of the bulls at 75000, the price will begin to accelerate slightly, and this price will also fall below the cost price of holding BTC in micro strategies; Micro Strategy has also informed its friends in advance that they will sell Bitcoin to repay interest. Micro Strategy is no longer a dead long position! 1) When Bitcoin completely falls below the zero axis of the daily Fibonacci uptrend channel at $71000, the price will accelerate its decline; Once it falls below 71000, the weekly downward flag structure is officially established, and technical experts will crazily sing short of Bitcoin; 2) If the price drops above 60000 yuan, there will be a so-called second dip intervention by copying the chassis, but this is only a dead cat rebound; Once the price drops below the 60000 mark, many bullish bulls collapse and begin to turn bearish; The situation of killing more is beginning to emerge! 3) After the price completely fell below 60000 yuan, the multi army collapsed completely, and the stubborn long positions were liquidated one after another. The market panic reached an extreme, and retail investors and institutions sold together, trampling on each other. The price will accelerate to the range of 45000 to 50000 yuan, and a large bottom will appear in the market after injecting more volume. The deep bear is coming to an end, but this is not the end. It will take about three months to grind and build the bottom, and there may be another sharp decline during this period.