BTC dumped 20% in one day. Why did this big dump happen? Where is the bottom of this big dump wave?

The lowest personal view is 43,000, and the K-line pullback to the monthly line MACD's midline position, although it is basically impossible to reach 43,000 within August, there is still a certain probability of reaching here in the next few months. After March, the limit of each decline wave and Rebound wave is within 20,000 points, and the average amplitude is around 16,500 points. As long as the highest point of each Rebound moves down at a speed of 2,000 points, as long as the highest point of this year, 73,800, cannot be broken through, then within no more than 3 months, 43,000 may be reached. Because the highest point of the Rebound wave keeps moving downward, the lowest point of the decline wave will also continue to move downward. When it moves down to near 50,000, once it is pierced here, you can immediately see 48,800, 46,000, and 43,000.