$BTC 3.26 Today’s Bitcoin price trend: Bitcoin’s rebound has gone out of the large-level ABC structure and is currently in the C wave rebound. At present, this C wave is not over yet. Usually C wave will go through five small waves. Although we have seen three small waves, it is uncertain whether the top of the third wave has been reached. No further shorting attempts will be made until this structure is over.
The short order of Bitcoin 67,000 placed yesterday has been stopped. Since wave C has not yet ended, you can consider going long today, but it is not recommended to continue trading Bitcoin. Even now in a fourth wave, there is limited room above.
At present, we need to pay attention to whether there is a peaking signal. Before there is a clear peaking signal, we will not touch it for the time being.
