I now believe that BTC has found its bottom at around 17.6k, and will shift back to the bullish market.
Looking closely at the chart above, BTC has formed a leading diagonal pattern, which indicates the start of the impulse wave.
Noticing the fact that the bearish divergence has formed from point C to E, I believe BTC will retrace to around 19k for the second wave before it rockets to the third wave.
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