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Bitcoin plunges late at night! 69583 double top confirmed, next steps directly lead to gains
$BTC Currently 68789, market condition: after spiking to 69583, it continues to decline, oscillating along the middle band of the Bollinger Bands, with bearish sentiment intensifying
Bitcoin is likely to fluctuate around the 68500-69100 range to form a bottom. If it cannot break above 69100 with volume, it will continue to probe near 68000 #BTCMarket
Entry point: buy short positions around 69500 on rebound;
Stop-loss: previous high at 70300, if the price re-establishes above this level, exit immediately;
Targets:
First target: 68500 (short-term profit-taking);
Second target: 67000 (if it breaks below 68500, hold and watch for a deep correction). #假期持币指南