$BTC 3.31 Bitcoin price today: The current price of Bitcoin is hovering around 70,000, showing an ABC wave structure. It is currently uncertain whether the B-wave rebound is over, but if the price is below 68,000, it means that the B-wave is over and the C-wave is coming.
The current shape seems to be a converging triangle, indicating that there may be changes in the next two days, but the specific direction is unclear. In principle, as long as the price does not fall below 68,000, the bullish attitude will be maintained.
The market is currently in a consolidation phase, but the bull market is not over yet and is expected to last at least another seven or eight months. Therefore, it is recommended to avoid small-level corrections and maintain a bullish attitude in the medium and long term.
