Bitcoin is running down the 5th wave, patiently waiting for the right-hand buy signal. At present, between 6500 and 5900, it is possible to form a bottom. I explained it in an earlier article.
Because the 4th wave has a strong rebound, the daily line macd also appeared bottom divergence, so the 5th wave is likely to fail. But what we have to do is strictly enforce the rules of the transaction.
Strategy: If holding the spot, should maintain the hedging, lifting the condition: wait for the bottom to form. If you no positions, you can wait for macd to enter when the golden fork again. Contracts, trading risk is very large, it is recommended to wait and see.