Has the double reversal reached its position?
#BTC何时反弹?
Personally, I feel that the underlying reason for this round of sharp decline indicates that the double reversal has officially arrived.
$BTC
{future}(BTCUSDT)
Since hitting a new high last year, it has been bouncing around 90,000.
After this round of gold and silver skyrocketing, it has again plummeted, with panic emotions at their peak.
The crypto market has followed suit with a sell-off.
The bears have emerged.
High leveraged long positions have been wiped out.
So the next direction is likely to go to a higher position.