#Bitcoin Price Trend Analysis

$BTC

$BNB

This round of correction is coming to an end, preparing to break the previous high.

The previous article already mentioned that this round of correction has not yet ended; there is at least one more wave expected. It is estimated to correct to around 90,000. Just be patient and wait.

During a bull market, whenever there is a slight disturbance, BTC takes the opportunity to correct, with the purpose of shaking off the long positions in contracts, oh my, and accumulating fuel for the rise.

If it's spot trading, with an investment nature, there is no need to worry at all. In fact, you should be happy because a bull market is bound to be a trend of oscillation upwards, although there are some exceptions with junk coins. If you are trading contracts, the time to act has not yet come; it is estimated there will be at least two more waves before there is a chance to go back and continue to break the previous high.

In terms of timing, there should be a wave before Trump takes office.

The above is purely personal opinion and does not constitute investment advice.