Analysis of Bitcoin market on December 22, 2024, at 23:02. Regarding the Bitcoin market, it is currently at the weekly level. From a historical perspective, when the last bear market transitioned into a bull market, the weekly level of the market entered a third wave. This was followed by a significant pullback in the bear market. In January 2023, we initiated the second wave at the weekly level, which started on October 9, 2023. The third wave is set to begin in August 2024. Is there currently an upward trend indicating the start of a fourth wave at the weekly level? To open the path for the fourth wave at the weekly level, there will be a significant pullback from the third wave, with the pullback position not breaking the level of 73186.63. There will be a downward fluctuation, and only if it stabilizes at this position can the fourth wave trend be initiated. The second scenario is to stabilize at the position of 65553. If this position is not broken, the fourth wave may start. However, if the position of 65530.5 is broken, it will indicate a transition from a bull market to a bear market.
If either of the first two scenarios occurs, the final pullback of the bull market at the weekly level must not be missed. Once it comes back, we will gradually enter in batches. Pay attention to the range around 89553-85359-82334 near #加密市场盘整 $BTC .