The trend line that was posted a few days ago has been broken. Looking at the current structure, 126200 has already reached the peak of the last large wave 5. We are currently in the first wave of decline. It is uncertain whether there will be a lower point after the small level of 93888, but there will be an overall structure of WXY waves. W declines and X rebounds, and this rebound could reach the range of 100000-110000. There will be a deeper decline afterwards, and of course, this process may take some time.
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The structure of Bitcoin has changed.
The trend line that was posted a few days ago has been broken.
Looking at the current structure, 126200 has already reached the peak of the last large wave 5.
We are currently in the first wave of decline. It is uncertain whether there will be a lower point after the small level of 93888, but there will be an overall structure of WXY waves. W declines and X rebounds, and this rebound could reach the range of 100000-110000. There will be a deeper decline afterwards, and of course, this process may take some time.