$BTC 12.06 Bitcoin Price Market Update:

Bitcoin is currently around 89,300, having officially broken below the 90,000 support level we emphasized yesterday. This breakdown means the possibility we previously considered—a potential wave 4 zigzag false breakout—has been ruled out. The structure is now reverting to the most standard and straightforward pattern.
Since the decline from 126,272, the overall structure has remained unchanged: a complete five-wave decline to complete wave c. At present, Bitcoin is in the fourth-wave rebound of this five-wave structure. After the fourth wave is complete, the main fifth-wave decline will follow; this direction has never changed. Now, we are just waiting for it to make another new low to confirm the end of wave 4, and then wait for a rebound to around 92,000 to set up a short position for wave 5. The target for wave 5 is to break below the previous low of 80,000.
In summary, wave 4 may be complete. If a new minor low is made, then a rebound to around 91,000 could be an opportunity to set up a short for the wave 5 decline. #成長值抽獎贏iPhone17和精美週邊