#BTC
Current trend analysis of Bitcoin:
This morning, Bitcoin broke through the historical high again. Has it reached the top? Does it need a waterfall? There is no need to rely too much on the news. The market trend has told you that the upward trend has not ended. There is also a personal opinion that Tesla will not make a big correction before breaking through the 300 resistance mark that has lasted for 4 months.
Currently, look at Figure 1 and Figure 2 below. Figure 2 is a sketch of the predicted trend drawn in the early morning of last night. You can see that it has reached the 6W6 expectation in the morning. This is the high point of the small level three waves. Today, it is basically in the 4th wave correction during the day, and it has been extended. There is a high probability that it will delay the time until the early morning interest rate cut decision. A lot of time has been given here for the accumulation stage. Looking at Figure 2 again, demand has appeared. Here, it has begun to give signals that it may start the last wave 5. In short, when it does not fall below 73450, it breaks through the high point of 66400 in the morning, which is the signal for the air force to escape. At this time, don’t think about holding the order, you will miss the big meat of 7W7-8W.
Even if the rebound does not break the new high for the first time, it is very likely that it will not fall below 73450. It will continue to fluctuate at a high level. What should be broken will eventually break through. I have already added positions and rolled over positions last night. It is estimated that a new high will be broken after 4 am. What do you think? $BTC