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Bitcoin: The market capitalization (or network value) is defined as the product of the current supply by the current USD price

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Bitcoin: The market capitalization (or network value) is defined as the product of the current supply by the current USD price forum

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If you zoom out the chart again, you can see the head and shoulders top pattern. If you only look at the recent trend, we cannot rule out the head and shoulders bottom pattern.
The focus is to see if it can rise to around 68,000 and break through the resistance at this position. After completing the conversion from resistance to support, do not fall below it during the backtest.
In this way, the market will return to the long side again. If this condition cannot be met, then the technical form will still be a short trend, and falling below 60,000 is inevitable.
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