$BTC Market Analysis 2026.02.12
Friends who missed the opportunity to short at 97900, as long as you have watched my video from January 25 or my tweet from January 29, you can also capture the big drop of 30,000 points from 91200 to 60000! No hindsight commentary, only real trading! New friends can check the tweet's release time to know.
On February 6, after BTC closed at 60000, I said there would be a rebound after an oversold drop, and then BTC rebounded from 60000 to 72200. The decline that started from 72200 has continued until now; I believe it is a correction. After the correction ends, there will be another rise of the same level as the black line shown in the chart.
There are two possibilities for this BTC adjustment:
Red: The upcoming adjustment will take a converging shape, and if it does not effectively break below the 657 line, it will complete the adjustment and start to rise.
Blue: BTC will end the fluctuation in the next two days and start to accelerate the decline. After finding support in the blue area shown in the chart, it will end the adjustment and start to rise.
Before a new low is created, I do not believe that BTC has entered a new downtrend. The ongoing adjustment will end and lead to a rise of the same level as the one from 60000 to 72200. After completing the entire wave of oversold rebound, BTC will continue to decline. #CZ币安广场AMA $BTC
