On Friday afternoon, Bitcoin continued to decline, breaking through support levels consecutively!

After the market opened in the morning, it directly moved downward, breaking through continuously, going from 84800 down to 81000, then to 79500, and down to around 78200 in the afternoon. The downward space has opened up, a relentless drop! Although there are some small rebounds, each wave is lower than the last! Do not blindly catch the falling knife!

From the hourly chart, a wave-down trend has formed, with the rebound space above continuously decreasing, while the downward trend seems to have no end! The evening trend rebounded briefly, and the bulls can temporarily observe, waiting for the formation of a new bottom!

Bitcoin's short-term range is 80500-81000, looking towards 78000-77000, with the altcoin moving in sync.

No one supports my lofty ambitions; I will tread through the snow to the mountain peak. Each difficulty is overcome, the long road is both long and bright, not just ahead, not just here!

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