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$BTC 10.31 Bitcoin price today: Bitcoin has been falling for the past couple of days. Yesterday, it was still uncertain whether Wave C had officially started, but today it is confirmed that Wave C has begun. This Wave C is the anticipated decline mentioned in the structural analysis on October 27th. Currently, this decline has just started and is far from over.
Structurally, Wave C should consist of at least three segments. Based on the target range, the short-term Wave C could reach around $100,000; if it follows a complete and normal amplitude Wave C, the target could be deeper, falling into the extended zone below, even dropping to over $90,000. The current position is only the first decline of Wave C, and there may be a phase of disorderly oscillation or a rebound correction before continuing downward.
In summary, the Wave C decline has already begun.