3.24 Bitcoin market analysis: Bitcoin fell below 60,000 after the shock. Currently, short orders are placed at 65,000, and short orders are added at high levels (Bitcoin contract trading) Commander

What is the trend of Bitcoin today? What is the Bitcoin prediction?

3.24 Today’s Bitcoin price trend: Starting from March 14, we turned bearish on Bitcoin and expected a decline target of $20,000. In the first phase, we witnessed a drop from $73,881 to $60,800, a drop of nearly $14,000. Now, start placing short orders in the second stage and no longer wait for the shock to end, because you may miss the next stage of the market.

There are currently two possible oscillation structures, including the triangle oscillation and the ABC structure. Regardless of the structure, the end result is a decline. Therefore, we now start to place a short position at 65,000. If it continues to rebound, we will add a short position.

In the community trading system, the 4-hour level shows that there is currently support, but it is expected to eventually break down rather than rebound. Since there is no upward trend structure, a decline is a high probability event. Please be alert to risks, as the decline may exceed expectations. According to wave theory, wave C is usually equal in amplitude to wave A, so a decline can be expected.

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★Use the wave theory to lead a group of friends to escape from the top at 65,000 in April 21, and to buy the bottom at 29,000 in July 21.

Jun Zhang focuses on digital currency trading and market sharing, and mainly relies on the wave theory to analyze the currency market. The wave theory can predict the cycle and amplitude of Bitcoin’s rise and fall, and has repeatedly verified the effectiveness of the wave theory in the currency circle. Welcome to join the Army Commander market exchange group for free, track market trends, and make money following the trends.

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⚠️ Important statement: The video is only for personal experience sharing and prediction, not investment advice. The market is changing rapidly, risks are everywhere, and investment needs to be extremely cautious. Market analysis strives to be objective and fair. However, the information and opinions contained in the article are for reference only and do not constitute any investment advice for you. Please operate at your own risk and the author of this video does not assume any responsibility. The trading decisions made by investors still need to be based on their own risk tolerance.
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