#我在Gate广场过新年 Bitcoin's price drops again. Is this a "second dip" or the start of a new downward wave?
Today during Asian trading hours, Bitcoin once again declined, breaking below the key support level of 68,000 and dropping to around $66,360. The bulls are starting to panic again. Is this decline merely a "second bottom" within the rebound from $59,900, or is it the beginning of a new downtrend? I believe the former is more likely.
👉 Technical indicators suggest a higher probability of a "double bottom" pattern
On the daily chart, after the price bottomed out and rebounded on February 6, t