On February 8th, Bitcoin market analysis from a higher timeframe perspective. The Bitcoin short positions are not yet complete; the final decline, which is the third wave, is still pending. From a time cycle perspective, multiple higher-level timeframes indicate that the bearish trend needs adjustment, so do not be fooled by a temporary rebound. Blindly buying low is not advisable. The winter of Bitcoin has arrived, and the oscillation cycle will require several years of adjustment. However, this kind of adjustment also sets the stage for future major market movements. So, you must understand that your principal is a race against time. #比特币 #BTC