5.2 Bitcoin market analysis: The Bitcoin market has plummeted, and the price has fallen below 60,000 US dollars. Bitcoins starting at 50,000 US dollars are very cost-effective, and the general direction is bullish above 300,0

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

5.2 Today’s Bitcoin price trend: Bitcoin recently fell below $60,000 again, causing panic among many partners. Previously, we recommended a mid-line long order strategy. The expected price was around 59,000, and the lowest price fell to around 56,300, which was lower than expected. However, the general direction remains bullish, and the long-term target is $300,000, which is expected to be achieved around November next year.

The community has added long positions three times, and the range of the added positions is about 10 points.

Ethereum’s descending flag structure will eventually break out to the upside. It is nothing more than a shallower or deeper breakthrough, and the wave structure does not change. Long orders are held unchanged, waiting for an upward breakthrough.

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